Subscribe to Available Listings
Subscribe to receive emails about current opportunities.
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.
