LUXEMBOURG AND ZNOJMO, CZECH REPUBLIC, August 28, 2014-

Based on unaudited results PEGAS NONWOVENS SA (hereafter "PEGAS" or "Company"), a leading European producer of nonwovens textiles, recorded EBITDA of EUR 22.1 million in the first half of 2014.

In the first half of 2014, consolidated revenues reached EUR 111.4 million, up by 13.6% yoy. The total consolidated revenues in the second quarter of 2014 were EUR 52.6 million, a 9.3% increase compared with the same period last year. The year-on-year revenue growth was the result of increased sales levels of finished products on the back of production from the new production line in Egypt.

Nonwovens Markets subscribers - click here to read the full article.

Not a subscriber?

Try Nonwovens Markets free!