Wednesday 6 of June of 2012
The General Meeting of Shareholders approved today the annual accounts for 2011 and decided to maintain the payment of a dividend of 8 million euros, thus demonstrating the company's commitment to its shareholders and the solidity of its balance sheet.
The CEO, Eloi Planes, highlighted the strong performance of the company and reaffirmed its commitment to internationalisation and efficiency.
At a General Meeting of Shareholders held today in Sabadell, Fluidra, a multinational company listed on the Spanish stock exchange and specialising in the development of applications for the sustainable use of water, approved the annual accounts and directors’ report of the Company and of its consolidated group of businesses for the financial year ending on December 31st 2011.
At today's meeting, the shareholders decided to maintain the distribution of a dividend of 8 million euros to be charged against voluntary reserves, confirming the company’s commitment to maintaining an attractive dividend policy for shareholders.
2011 was a very positive year for the company, with an increase in sales of 7.4%, reaching 624 million euros, thanks to strong growth in all four business units (Swimming Pool/Wellness, Water Treatment, Irrigation and Fluid Handling). This trend continued in the first quarter of 2012, as Fluidra recorded sales worth 144.4 million euros (+ 4.2%) thanks to its increasing international presence and the acquisition of Aquaproducts and Aquatron, worldwide leading manufacturers of electronic swimming pool cleaning robots.
Fluidra's outstanding internationalisation efforts mean it can now generate 77% of its sales outside Spain. The recent opening of branch offices in Indonesia and Jordan is part of the company's commitment to expanding its business abroad.
The successful implementation of the Lean management programme, which aims to increase efficiency in both manufacturing facilities and sales offices, is another essential pillar of Fluidra's strategy which is having a very positive impact on results.
According to Eloi Planes, Fluidra's managing director, “the good results achieved in 2011 and in the first months of this year confirm our resilience and the validity of our strategy, which is based on internationalisation, diversification, turnkey projects, and efficiency. Fluidra is a solid group with a forward-looking project.”
Fluidra, national and international benchmark for sustainable use of water
Fluidra is a multinational group listed on the Spanish Stock Exchange, dedicated to developing applications for sustainable water use. The company specialises in solutions for water conservation, handling, treatment and enjoyment.
Fluidra operates in 38 countries by way of 150 branches and production centres located in the main markets. Fluidra products are distributed to more than 170 countries due to an extensive sales network. The group has some 3,700 employees.
Respect for water and its rational use are two concepts at the core of the philosophy of the group. The companies which comprise Fluidra, some of these with 40 years of experience, have grown with this vision, specializing in a four business units: water treatment, fluid handling, irrigation and pool/wellness.