Urbar Ingenieros, S.A. Reports Earnings Results for the Full Year Ended December 31, 2020
February 26, 2021 at 05:38 pm IST
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Urbar Ingenieros, S.A. Announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was EUR 2.431 million compared to EUR 7.805 million a year ago. Operating loss was EUR 327,000 compared to EUR 3.778 million a year ago. Net income was EUR 2.476 million compared to net loss of EUR 4.421 million a year ago.
Urbar Ingenieros SA is a Spain-based company principally engaged in the industrial machinery sector. Its main activity consists of the design, manufacture and marketing of vibrating equipment. The Companyâs operations are structured in three divisions: Vibrating Applications, Internal Vibrators and External Vibrators. Its product portfolio includes electro-mechanic vibrating feeders, vibrating elevators, internal electric vibrators, hydraulic internal vibrators for pavements, internal pneumatic vibrators, external electric vibrators, turbine vibrators and pneumatic knockers, among others. The Companyâs products are addressed to various types of industry, such as glassworks, chemistry, construction, ceramic, food, chemist, wood, fertilizers, cement, prefab, metallurgic, foundries, mines, recycling and others. The Company is a parent of Grupo Urbar Ingenieros SA, a group which comprises such entities as Virlab SA, Metrocompost SL, and Urbar Argentina.