Ferro net profits up in 2014 y/y

Poland's sanitary company Ferro recorded PLN24 million in net profits in 2014, an increase of 10.1 percent compared to 2013, the firm informed in a press release. EBIDTA reached PLN 35 million, a growth of 10 percent. Sales revenue amounted to PLN 270.7 million, an increase of 0.2 percent. Ferro Group is one of the largest manufacturers of sanitary and installation fittings in Central and Eastern Europe region.