Roctool Announces consolidated Revenue Results for the Year Ended December 31, 2017
January 22, 2018
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Roctool announced consolidated revenue results for the year ended December 31, 2017. For the year, the company reported revenue came to a new record level of 8.0 million, up 26% compared with previous year. Equipment sales came to 5.1 million, up 46% on the fiscal year 2016 level. These accounted for 63% of total fiscal year 2017 revenue, a substantial increase on the 55% they represented in fiscal year 2016.
Roctool S.A. specializes in the design and development of technologies for molding composite and plastic materials. Roctool's patented technology enables the molding of plastics while reducing the use of paint, or even improving the molding of recycled resins. Roctool S.A. offers induction heating systems, components for specific mold types, and engineering services.