SCM Engineering Arm Plans to Boost Sales 6x by 2015
OREANDA-NEWS. November 23, 2010. The engineering arm of SCM Group plans to boost sales by 6x to USD 750 mln in 2015 from USD 118 mln in 2009, according to a strategic plan presented by the company on Friday. 2010 revenues are expected to grow by 115%, as estimated by SCM. The engineering arm of SCM group includes six plants, five of which are located in
Concorde Capital: we view these aggressive plans as mostly based on organic growth driven by increasing capacity utilization and the introduction of new products at existing plants. Though these ambitious plans are as yet unproven, we view debt-free Druzhkivka Machinery (UX: DRMZ
Комментарии