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Picanol Group Increases Turnover by 11% in the First Half of 2017.

By   /  August 30, 2017  /  Enewsletter, Featured News, Weaving & Knitting  /  No Comments

Ypres, Belgium – The Picanol Group is an international, customer-oriented group specialized in the development, production and sale of weaving machines, engineered casting solutions and custom-made controllers. The group develops, manufactures and sells through Weaving Machines (Picanol) high-tech weaving machines, based on air (airjet) or rapier technology. It supplies weaving machines to weaving mills worldwide, […]

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Picanol Group Reports Seventh Consecutive Year of Strong Results: 119 Million Euro Profit in 2016, Best Result Ever.

By   /  March 10, 2017  /  Enewsletter, Weaving & Knitting  /  No Comments

Ieper, Belgium – In line with the previously announced forecast, the Picanol Group realized a consolidated turnover of 639.78 million euros over the full 2016 financial year, which represented an increase in turnover of 20.8% compared to the 529.34 million euros recorded in 2015. This means that the Picanol Group outperformed its previous record year […]

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Picanol Group Realizes the Strongest Half Year in its History.

By   /  August 26, 2016  /  Enewsletter, Weaving & Knitting  /  No Comments

Ieper, Belgium – The Picanol Group is an international, customer-oriented group specialized in the development, production and sale of weaving machines, engineered casting solutions and custom made controllers.

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Tessenderlo Group and Picanol Group Decide To Withdraw the Project to Merge their activities into One Belgian Industrial Group.

By   /  March 8, 2016  /  Weaving & Knitting  /  No Comments

Brussels, Belgium – Following the announcement on January 25, 2016, that Tessenderlo Group and Picanol Group  had decided whether and how the terms and conditions of the transaction

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Picanol Group Realizes Net Profit of 85 Million Euros – Increase of 62%.

By   /  February 18, 2016  /  Enewsletter, Weaving & Knitting  /  No Comments

Ghent, Belgium – In line with the previously announced forecasts, the Picanol Group (Euronext: PIC) realized a consolidated turnover of 529.34 million euros, a turnover increase of 26.6% compared to 418.2 million euros in 2014. Based On a Well-Filled Order Book, the Picanol Group Expects a Strong 2016 In 2015, the Weaving Machines division experienced […]

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Tessenderlo Group and Picanol Group Postpone Extraordinary Shareholders Meeting.

By   /  January 26, 2016  /  Other Textile News  /  No Comments

Brussels, Belgium – The number of shares registered for the extraordinary shareholders meeting called for 29 January 2016 does not reach the legally required quorum of 50 %. The meeting shall therefore be a “carence”-meeting and the proposals for decision on the agenda will not be put to a vote.

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Tessenderlo Group and Picanol Group Announce Plan to Merge Activities into One Belgian Industrial Group.

By   /  December 17, 2015  /  Enewsletter, Featured News, Weaving & Knitting  /  No Comments

Ghent, Belgium – It is the ambition of Picanol Tessenderlo Group to strengthen its prominent market position in each of the segments and to ensure a sustainable profitability. The original Tessenderlo segments will be able to apply

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Latest

Picanol to Present New Rapier & Airjet Innovations at ITMA Milano 2015.

By   /  October 13, 2015  /  Enewsletter  /  No Comments

Ieper, Belgium – On the occasion of the ITMA Milano fair (which is being staged from 12-19 November 2015) Picanol will be presenting a wide variety of new airjet and rapier weaving machines. The year 2015 sees Picanol celebrating 40 years of manufacturing rapier weaving machines with the global launch of its new OptiMax-i and […]

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Picanol to Present New Rapier & Airjet Innovations at ITMA Milano 2015.

By   /  October 8, 2015  /  Exhibition & Conference News, Featured News, Weaving & Knitting  /  No Comments

Ieper, Belgium – On the occasion of the ITMA Milano fair (which is being staged from 12-19 November 2015) Picanol will be presenting a wide variety of new airjet and rapier weaving machines. The year 2015 sees Picanol celebrating 40 years of manufacturing rapier weaving machines with the global launch of its new OptiMax-i and […]

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Latest

Picanol Group Realizes an Increase in Turnover for the First Half of 2015 in Line with Expectations.

By   /  August 31, 2015  /  Weaving & Knitting  /  No Comments

Ypres, Belgium – The Picanol Group realized a consolidated turnover of 259.8 million euros in the first half of 2015, as announced previously between the turnover recorded during the first half of 2014 (219.9 mio euros) and the turnover of the first half of 2013 (304.1 mio euros). In the first half of 2015, the […]

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