Istobal generates turnover in excess of €137 million in 2018
Spain and France are still the most important markets for the group, accounting for 22% and 18% of the group’s net sales of car wash equipment respectively.
Istobal, the Spanish leader in vehicle wash and care solutions for the automotive industry, generated turnover in excess of 137 million euros in 2018, with sales up 2.2% from the previous year according to the final consolidated figures. Istobal exported 78% of its production during 2018, up 3% from 2017.
Spain and France are still the the most important markets for the multinational group. Completing the list of the main export markets with the highest turnover for the group are Italy, the USA and Denmark.
The most notable increases in sales of car wash equipment within the top ten markets are in Australia, the Netherlands, the USA and Romania.
In terms of product divisions, rollovers are still the highest sellers at Istobal, followed by jet wash systems and tunnels, a wide range of solutions geared towards commercial vehicles, and the company’s chemical product line.
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