TKH Group reports lower sales, income; organic decline for tyre machinery sales

26th August 2016 | 0 Comments

Organic turnover earned through manufacturing systems produced by the TKH Group’s Industrial Solutions business area, which includes equipment made by VMI Holland BV, contracted 16.2 per cent in the first half of 2016. This decline was due in part to a reduced order intake in 2015 for a range of manufacturing systems equipment, including machinery for the production of car and truck tyres as well as machine operating systems, can washers, test equipment and product handling systems for the medical industry.

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