DyStar increase sales revenue8 July 2011
DyStar announced on July 8 that they are continuing to move ahead of expectations in spite of difficult market conditions as business results return to profitability with overall Sales Revenue increasing by approximately 15% over the same period last year.
‘We wouldn’t have achieved such good progress without the continuous and dedicated efforts from our employees or the strong support from our shareholders,’ commented Steve Barron, CEO of the DyStar Group. ‘And we have made a number of changes along the way as they are essential in order to keep the business sustainable in this competitive market environment,’ said Barron.
The most recent change project has been the appointment of a management board to focus management effort, and a re-alignment of senior management responsibilities to improve efficiency and make best use of management expertise and experience. Necessary restructuring is on-going and on track to make the company even more profitable and efficient.
DyStar Group, which includes a leather chemicals division, continues to invest in sustainable, innovative products and services. It has introduced several new products into the global market during the last 12 months, and conducted a number of ecology and testing seminars.