Briolf Group enters for the first time in the top 50 of Coatings World's Top Companies
Briolf Group Among the Top 20 Coating Companies in Europe
Briolf Group had the highest growth rate in the European Coatings TOP 25 list.
Briolf Group has reaffirmed its importance in the European coatings industry, climbing positions in the list of the continent's largest companies for the third consecutive year. In 2023, Briolf Group's paint and coatings sales reached 215 million euros, representing a 28.7% increase compared to the previous year. With this remarkable growth, the company has reached the 20th position, climbing 3 spots in this prestigious ranking published annually by the European Coatings Journal.
The notable increase in revenue underscores Briolf Group's success, surpassing all other companies on the list in terms of growth. This achievement is the result of significant sales growth among Briolf Group's companies, as well as contributions from recent acquisitions that demonstrate the company's commitment to continuing its pace of diversification and growth within the sector. It is worth noting that these figures do not reflect sales from Chemifix, the group's chemical anchoring company, as the ranking focuses exclusively on paint and coating sales.
Commenting on this achievement, Briolf Group's management expressed their satisfaction and pride, highlighting that securing a spot on this prestigious list for the third consecutive year is a testament to the company's continued success as a key player in the European paint and coatings manufacturing sector. This recognition reflects Briolf Group's consistent work on growth and its ability to adapt to an ever-evolving market.
Additionally, the company attributes this milestone to the intense work and dedication of its team. Their strategic focus, attention to customer satisfaction, and continuous pursuit of innovation have been fundamental to their success. The group's global presence is reaffirmed daily with the opening of new subsidiaries and production centers around the world. Briolf Group is confident in its ability to maintain this positive momentum in the coming years, leveraging its strategic diversification initiatives, as it has done since its inception.
In a broader context, the total sales value generated by the top 25 paint and coating manufacturers in Europe in 2023 exceeded 28 billion euros, an increase of 4.8% compared to 26 billion euros in 2022. This upward trend demonstrates the overall strength of the global coatings sector.
As Briolf Group continues its trajectory, the company aims to consolidate its position among the top 20 coating companies in Europe, facing the challenges of a changing business landscape, including uncertainties and raw material volatility. By staying true to its diversification strategy and unwavering commitment to excellence, Briolf Group is poised for sustained growth and success in the coming years.
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