Danish sail-maker Elvstrom Sails has reported a significant increase in both turnover and profitability during the 2017/18 financial year. According to a company statement, earnings before tax more than tripled to DKK 9.1m against last year’s DKK 2.8m.
Elvstrom Sails took over the activities of its sister company, Elvstrom Sails France, in September last year and has since worked intensely on integrating the two companies.
Elvstrom Sails is one of the world’s leading sail producers. The company employs more than 100 people spread across its main office in Aabenraa, Denmark, and four subsidiaries in the UK, Norway, Spain and France.
Elvstrom is also represented by more than 50 dealers in Europe, North and South America, and Australia.
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