Spanish Multinational ISTOBAL Increases Sales by 12%

ISTOBAL, a leading Spanish multinational in automotive wash and care solutions, increased sales by 12% in 2022 to 163.9 million euros, according to its pre-audit results.

The company, which last year internationalized 72% of its production, recorded an EBITDA of €14.8m, an increase of 2.3% compared to the 2021 financial year. In 2022, Spain remained the main market for ISTOBAL and has grown by 11% in the last year. The United States and the United Kingdom have become the main export countries for the group in terms of turnover, followed by Denmark, France and Italy.

Read more about ISTOBAL at PC&D.

Spanish Multinational ISTOBAL Increases Sales by 12%

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