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Portugal’s king of flush toilets turns 70 with 80 million in sales

After ending the 2022 financial year with a turnover of 75.5 million euros, the Portuguese company’s “highest” figure, OLI’s sales fell 3% last year to around 73 million euros, with exports accounting for 75% of the total. , with products produced in the Aveiro industrial complex being shipped to more than 85 countries on five continents.

A slight decline in OLI sales in 2023 has not affected the optimism that it positions itself as “the largest manufacturer of flush toilets in Southern Europe”, which in 2024 “aims to resume growth and reach the €80 million threshold this year, which marks its 70th anniversary,” the company said in a statement this Wednesday, January 17.

Read the full news in Jornal de Negócios.

Author: Business magazine
Source: CM Jornal

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