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Polygiene reports new record sales in Q4

15 Jan '21
1 min read
Pic: Polygiene
Pic: Polygiene

Polygiene, the world leader in stays fresh technologies, has reported sales of SEK 26.9 million in the fourth quarter, corresponding to growth of 41.4 per cent. The company's wholly owned subsidiary Addmaster Ltd, which was acquired at the beginning of the year, had an even stronger sales, which increased by 69.2 per cent, excluding sales to Polygiene.

“It is satisfying to see how we start delivering on the agreements we signed during the year and it’s fantastic to be able to show another record quarter. Our wholly owned subsidiary, Addmaster Ltd, also broke a new sales record during the quarter, which makes me even more comfortable with how brilliant this acquisition was,” said Ulrika Björk, CEO of Polygiene. "Even though these figures are not reported into our group yet, it gives a good indication of how the future will develop”, she added.

Fibre2Fashion News Desk (RKS)

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