HIMA increases North American sales by 21%

HIMA, a safety specialist, increased its sales by approximately 21% in North America during fiscal year 2013. The HIMA global group achieved record sales of € 105 million, a 16% increase over the previous year.

The global sales increase was significantly higher than the industry average. Outside of Europe HIMA sales grew by 40%. North America, the Middle East and Asian Pacific regions were the focal point of growth. Orders in Europe also increased on the previous year.

Roger Van Nuis, President of HIMA Americas, Inc., said: “Our growth in the Americas was led by new projects in the oil and gas and chemical sectors, both in the US and Canada, as well as by a major, new project in Canada and demand for HiMax® SIL 3-certified safety system”.

HIMA holds that above average growth rates in 2013 in the logistics, machine safety and railway sectors show that their safety related solutions are becoming more established in these areas.

HIMA Managing Partner, Steffan Phillip, said: “Our broad sector approach and the international distribution of sales are the ideal prerequisites for continued, healthy growth. Together with CEO Sankar Ramakrishnan, whom I appointed last year, and Reinhard Seibold, who has been supporting us as CFO since May, I am focused in maintaining our economic and entrepreneurial independence”.

Adapted from a press release by Emma McAleavey

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/10062014/hima_sales_growth_680/