Measures taken improve management company and company economic recovery After the pandemic, they have allowed the Levantina marble company to significantly improve their numbers over the past year. Thus, after a notable decline in activity recorded in the previous year, the Bybrook fund-owned group will have approximately 135.7 million total revenue euro, 11.4% moreaccording to the official balances deposited by the firm in the Trade Registry.
Moreover, an increase as a result of both the improvement in sales and Nationalwhich reached 46.6 million In addition to the increase, if the euro, stone sales and services provided are included, foreign businessadding others 88 million euro. In this way, according to the information in the company’s management report, up to 65% of the holding’s income came from the international market. United States, Europe, China and Mexico In addition to Brazil, where it has a quarry, its main markets are abroad.
Last year, the company chose to leave. three new companies management and commercialization of different products on which its activity is focused. Thus it created Levantine Marble for the product giving birth to the firm; LevGranitefor the granite section, which currently accounts for 35% of its production, and Levantine TechlamTo manage the production and sales of this large-sized porcelain material, which it started to diversify its business.
This new system, along with the refocusing of its trade delegations, has led to an improvement in the company’s results, although it does not definitively outpace the red numbers. In every situation, losses decreased by 38%From the 27.7 million she threw in 2020, it increased to 17 million last year.
Last February, Bybrook agreed increase the capital by 82.4 million euro an operation realized by converting existing debt to equity and reinforced with this move with a total of 124 million.
Novella’s natural stone giant, 950 people all over the world. Have seven quarries -six in Spain and one in Brazil- last year almost 82,000 cubic meters of rock. Although it also sells raw materials, its commitment is through the transformation of marble and granite, so the finished product represents 88% of the turnover. For this, it has six factories in the same countries.
It also has delegations in the United States, the United Kingdom (2) and India, where it has five offices internationally.