Ceric Technologies – operating results in 2013

The 2013 operational performance, led by another significant 23 % increase in turnover compared to previous year, has allowed Ceric Technologies not only to develop further, but also accelerate its growth. Ceric’s management, in full agreement with its shareholders, decided to push ahead with its development strategy following three major axes:
> a research & development programme (3 % of revenues),
> significant investment in human resources,
> enlarged world market coverage.

Even though this impacted negatively on its 2012 operating revenues, Ceric Technologies remains convinced that these commitments contribute to continuous successful growth of the company. The increase in 2013 sales by region as well as early 2014 incoming orders are already confirming this strategic approach. Together with the strong increase of equity during 2013, Ceric is well prepared to strengthen its leading position on the market in the future.
The company employs more than 125 people and has over € 5.8 mill. in equity. The sales of Ceric Technologies are distributed 11 % in the European Union and 89 % outside the European Union.
 
Ceric Technologies
www.ceric.com