The Portuguese king of toilets turns 70 with sales of 80 million Aveirense OLI, which employs more than 400 people and is the largest toilet manufacturer in Southern Europe, generates 75% of its turnover through exports to more than 85 countries on five continents. .

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.

The slight decline in OLI sales in 2023 did not affect the optimism of the company, which positions itself as “the largest manufacturer of toilets in Southern Europe”, which in 2024 “aims to resume growth and reach the €80 million threshold this year, which celebrates 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

Tifany

I’m Tifany Hawkins, a professional journalist with years of experience in news reporting. I currently work for a prominent news website and write articles for 24NewsReporters as an author. My primary focus is on economy-related stories, though I am also experienced in several other areas of journalism.

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The Portuguese king of toilets turns 70 with sales of 80 million Aveirense OLI, which employs more than 400 people and is the largest toilet manufacturer in Southern Europe, generates 75% of its turnover through exports to more than 85 countries on five continents. .

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The Portuguese king of toilets turns 70 with sales of 80 million Aveirense OLI, which employs more than 400 people and is the largest toilet manufacturer in Southern Europe, generates 75% of its turnover through exports to more than 85 countries on five continents. .

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