TECHO Group reached a record-breaking turnover – more than two billion CZK, profit increased by 66 %16.1.2016
PRAGUE, 27TH January 2016 – TECHO Group, a Czech office furniture and interior design manufacturer and supplier accomplished in 2015 the highest turnover in its history in total amount over 2.1 billion CZK, that is 45% more than last year. Profit (EBIT) increased by 66% in comparison to 2014 and reached 77 million.
“Our business results in 2015 are confirming again our company’s long-lasting stability and its firm position both on European and global market. Our export-oriented strategy with main focus on large international companies around the whole EMEA region (Europe, Middle East and Africa) is paying off. Deliveries and services for key accounts clients have essential influence on TECHO Group economic results,” says Jiri Kejval CEO of TECHO.
The share of sales realized abroad accounts for over 70%, this proves the success of the company’s export-oriented strategy with focus on global key accounts clients. The company managed to hold a solid position on traditional foreign markets such as Slovakia, the United Kingdom and Romania. Simultaneously, the company strengthened its position on German, French, Spanish and Austrian markets.
TECHO systematically increases the volume of projects in Africa where its activities started 15 years ago and currently supplies furniture to 20 countries of the continent. In the second half of 2015 TECHO completed its biggest project in Africa so far – the National Microfinance Bank in Tanzania.
Information for media:
TECHO, a.s., belongs to the top European producers and suppliers of office furniture and is one of the biggest companies in the Czech Republic which provides complex services in delivering turn-key commercial interior design solutions (so called fit-out) for a wide range of local and international companies in Europe and Middle East. Since 2008 is TECHO a part of a Dutch group Royal Ahrend NV, which ranks among three biggest office furniture manufactures in Europe. The company’s spectrum of clients encompasses important banks, financial institutions, international companies and government and public institutions. Its branches are located in the United Kingdom, Slovakia, Austria, Hungary, Romania, Croatia, Russia, Georgia, Ukraine and also in China and United Arab Emirates. TECHO business activities reach also up to more exotic regions for example Nigeria and Gabon in Africa or to one of the Caribbean islands Trinidad.
If you wish to get more information please do not hesitate to contact:
Stance Communications, s.r.o.
Štěpán Dlouhý, Account Manager
Tel.: +420 602 685 131