(AOF) – Sogeclair has unveiled 2022 turnover of 134.9 million euros, up 11.5%. The internal growth of the engineering company for the transport industry came out at 8.1%. Over the last three months of 2022, revenue increased by 6.5% to 35.3 million euros. Organic growth amounted to 3.5%.
Commercial aviation (33.4% of revenue) confirmed its strong rebound at +37.7%, rail (8.4% of revenue) increased by 17.5%, air transport he business (39.9% of turnover) continued to grow with +4.2% and the automotive sector (8.9% of turnover) fell by 7.5%.
“The technologies deployed in the service of the need to transform greener transport make it possible to envisage a new year of growth for 2023” indicated Sogeclair about its outlook.
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German autonomy not so simple
China has been Germany’s leading economic partner for six years. However, across the Rhine, companies are called upon to reduce their heavy dependence on the Asian giant due to a rise in geopolitical tensions with the country. In this context, the powerful VDMA points out the importance of the Chinese market and the danger that a too sudden termination of ties with China would represent. The country is, in fact, the second export market and the first investment destination for German mechanical and industrial engineering. The federation nevertheless recognizes the need to diversify the trading partners of the German economy.