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Electronics Production | August 22, 2006

Kablo Elektro icreased its sales in 2005

Czech cable producer Kablo Elektro Vrchlabi increased its profit by 2 percent to reach CZK 146 million(about 5.3 MEUR).
Kablo Elektro increased its sales by 12 percent year-on-year to reach 112.5 MEUR.

"The growth in sales followed a growth in the price of copper, which the company was able to project into the prices of its products," the board of directors said in the report.

The company's Velke Mezirici plant were last year upgraded in production capability when the company invested some 5.44 MEUR and last year the company also reduced its workforce by 2 percent down to 976 employees.

Kablo Elektro is owned by J&T through Dutch company Ingramm International.
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