Wet Mining Market News

IHC Merwede Increases Revenue and Profit

IHC Merwede’s expanding portfolio has helped it to record increased revenue and profit figures for 2011, and to maintain its strong order book for 2012 and beyond. In the past year, IHC Merwede’s revenue has increased by four per cent to reach € 1.05 billion. The company’s net profit has also increased to € 103 million with a solvency ratio of 40 percent, demonstrating that IHC Merwede is in strong financial health and able to implement its growth strategy. With sales amounting to € 1.057 billion, IHC Merwede assured itself of a substantial order book of € 1.18 billion – the equivalent of more than one year’s workload. Internationalization continues to be an important priority for IHC Merwede, as it succeeds in reducing costs and meeting the needs of its markets.