For several decades now, Treibacher Industrie AG's company's figures have shown the company to be a consistent top performer.
The positive momentum on the global markets, the encouraging order intake and rising raw materials prices which are finally being reflected in our sales prices were key factors for the significant increase in turnover compared with the previous year.
Even by the final quarter of 2016, there was increased demand for our products which resulted in an increase in sales prices, especially for vanadium. This trend continued throughout all four quarters of 2017.
Due to these positive developments and the continuous optimisation of all business processes, we were able to successfully increase our operating profit.
As in the previous year, all Treibacher business units made a considerable contribution to the company’s good results in 2017.
Our subsidiary in Breitungen (GER), Leuchtstoffwerk Breitungen GmbH, posted a slight increase in turnover compared with the previous year, rising to around 11 million euros.
Tribotecc GmbH, our Austrian based subsidiary, was also able to maintain its excellent market and technology position in ‘high-performance’ metal sulfides in 2017, achieving a turnover of around 77 million euros.
With sustainable investments in the future, an excellent market position that builds on a broad product portfolio and is supported by consistent progress in research and development which constantly produces innovative products, and a focus on our strengths in the area of process optimisation and cost efficiency, our organisation is well prepared for the years ahead.