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NICOLÁS CORREA, S.A.

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NICOLAS CORREA : AGENTS MEETING, 2016 WUXI

02/08/2016 | 01:04am EDT
2016-02-08

NICOLAS CORREA AGENTS MEETING, 2016 WUXI

Last 29th and 30th of January the third Nicolas Correa Annual Agents Conference of China was celebrated in Wuxi, at the Wuxi Juna Hubin Hotel. 10 agents and more than 20 representatives from all over China have attended to the event. During this event they Correa did the review of the year 2015, introduced new products, arranged the work for this coming year 2016, and also visited the factory of one important customer in the wind turbine generators sector.

On Friday morning there was organized a conference about the past years performance, and on the afternoon, the sales team, together with all the agents, visited the foundry and machining factory of our important customer Wilson, who mainly does the machining of the wind turbine generators and have 9 big boring and milling machining centers from Correa, such as FP, Magna, Lanza and Axia (the biggest one with the traverses of X/Y/Z:10500x2000x6500mm). The day came to its end with a dinner where everyone could celebrate the coming Chinese New Year.

On Saturday morning there was organized another conference, this time with future perspective, for introducing the new products and catalogues of the company, and also informing about the new company brand for Kunming machines: correa km. The conference finished talking about the future perspectives of the company, and listening to the suggestions on the products and after sales service from the agents.


Nicolas Correa SA issued this content on 08 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 February 2016 06:03:27 UTC

Original Document: http://www.correa.es/en/0-news-page/1454910968-NICOLAS-CORREA-AGENTS-MEETING,-2016-WUXI/


© Publicnow 2016
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Sales 2021 73,2 M 85,8 M 85,8 M
Net income 2021 6,50 M 7,62 M 7,62 M
Net cash 2021 4,10 M 4,81 M 4,81 M
P/E ratio 2021 10,7x
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Capitalization 65,0 M 76,1 M 76,1 M
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Last Close Price 5,36 €
Average target price 7,25 €
Spread / Average Target 35,3%
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