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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at MAT Holding crece un 0,7% en 2012 hasta los 130,6 millones de euros de facturación

MAT Holding grows 0,7% in 2012 until the 130,6 million euros of turnover

02/04/2013

2 April 2013

The Spanish group MAT Holding, world-wide reference in salts of copper for agriculture and number one Spanish in distribution of products for irrigation by dripping, has closed the year reaching some sales consolidated in 2012 of 130,6 million euros what represents 0,7% more than in the previous year.

MAT Holding has achieved to keep his growth in spite of the context recesivo current thanks to the good results obtained by his division of waters that, with some sales of 41,29 million euros (31,6% of the total), has turned into the engine of the group with 9,6% of increase. To this increase contribute the four companies that conform the division of waters (Regaber, Hidroglobal, Depumed and Aqquos) that increase his national turnover in 9% until reaching the 33,1 millions, and international in 12% until the 8,18 million euros.

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By his part the phytosanitary ware division (IQV), that supposes 68,4% of the total weight of the group, has registered a light fall in his sales of 2,9% until the 89,32 million euros because of the weakening of markets stood out for the signature as they are the Italian and the Greek. In spite of this, so much the national market like other international markets like the Chinese, the sudamericano and the north and centre of Africa have had a positive evolution in the sales of the division.

Pau Relat, adviser delegated of MAT Holding, has stood out that “the current complexity of the economy forces us to adapt us with agility and to bet decididamente by the diversification of markets. Thus, in 2012 so much ours division of waters like our phytosanitary ware division have followed opening new markets that allow us consolidate the growth of the company and compensate the weakness of countries already consolidated”.

In this line stands out the recent opening of new subsidiaries of IQV in markets like the Chinese, in clear expansion, or the one of United States, first world-wide phytosanitary ware market. Also the division of waters has strengthened his external presence with the opening of his subsidiary MAT Maghreb and the development of diverse projects of hydraulics infrastructures in the north of Africa.

In 2013 MAT Holding has foreseen to keep his growth by means of the extension of his portfolio of phytosanitary ware products and through the acquisition of new Spanish or foreign companies that complement the offer of products and services of his division of waters. Besides, the group will keep his plan of internationalisation with the opening of new subsidiaries and start of commercial activity in new markets between which stand out Jordan, Lebanon, Egypt and Uruguay.

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