The growth was registered in spite of stagnation in June, due to the holidays season and local elections. Premium and super-premium products made up more than 50 percent of total Fabryo sales, while medium products made a further 20 percent and economic products, some 12 percent. More than 80 percent of sales were made on the retail channel, direct and indirect distribution and special accounts. The company is collaborating with a network of some 40 distributors countrywide.
The company posted some €42 million in turnover in 2007. Earlier this year, Fabryo officials estimated a 30 percent increase in business this year. "In terms of volume, we will exceed our goals, but it is to early for conclusions, as results significantly depend on raw materials evolution and the euro exchange rate," Kosza said. The second half of 2008 is set to be more dynamic for the company, given several projects that are to be implements in all segments and sales channels on the market, she added.
The local paints markets exceeded €200 million last year, some 15-20 percent higher on 2006, with Fabryo, Policolor, dufa Deutek, Kober and Sarcom as main players.
