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Electronics Production | July 21, 2011

AQ Wiring starts fiscal year positive in terms of profit and growth

AQ Wiring is looking to continue the positive development into the second half of their fiscal year.

Evertiq had a quick chat with CEO Claes Mellgren about the company. Although the company was affected by the bankruptcy of a customer, the overall result was very positive. "We reported more than 20% growth as well as a positive financial result. We expect the second half of our fiscal year to continue as positive as the first half has started", said Mr Mellgren. The Polish location in Lodz - since 2008 - the headquarter for AQ Wiring Systems - is the largest of the manufacturing locations. Although investments are planned this year, it will not be on a grand scale.
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