Categories: Economy

Galician Granilouro achieves record turnover and profit in its 35 years of operation

Author: XOAN CARLOS GIL

A company specialized in the natural stone sector is developing its portfolio towards the international market

Transformation of kilometer 0 from Madrid and asphalting of about 40,000 square meters of the connecting crossing The triumphal arch from the Champs Elysees, in Paris, are two of the most emblematic works that Granitos de Louro (Salceda, Pontevedra) performs in his extensive portfolio inside and outside of Spain. The figures confirm the great strides made by the company specializing in the natural stone segment in the last year, with an increase in turnover of almost 70% in just twelve months; from the 11 million euros with which it closed 2021 to 18.6 million euros in 2022, as seen in the accounts presented in the Commercial Register. The family business has reached results never before recorded since its inception in 1988, identify the responsible parties in the account memory. Specializing in the extraction, import, transformation, placement and commercialization of all types of natural stone, Granilouro has achieved benefit of almost 1.5 million euros, 160% than a year earlier, which will enable it to increase and strengthen its international presence and diversify its product portfolio. So far, according to accounts, 70% of its traffic comes from Spain, Germany, France and Morocco.

Source: La Vozde Galicia

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