ISTOBAL, the Spanish multinational provider of automotive wash and care solutions, will increase sales by 12 percent in 2022 to 163.9 million euros, according to its pre-audit results. The company, which last year internationalized 72 percent of its production, recorded an EBITDA of 14.8m euros, an increase of 2.3 percent compared to the 2021 financial year.
In 2022, Spain remained the main market for ISTOBAL and has grown by 11 percent in the last year. The United States and the UK have become the main export countries for the group in terms of turnover.
ISTOBAL foresees sustainable growth in 2023 in its commitment to internationalization, connectivity, innovation, and sustainability with a renewed offer of products and services aligned with the mega trends of the sector and its needs
With 10 subsidiaries and four manufacturing plants in Europe, America, and Asia, ISTOBAL is currently the second largest manufacturer of car wash solutions in Europe and the fourth largest in the world.
ISTOBAL, the Spanish multinational provider of automotive wash and care solutions, will increase sales by 12 percent in 2022 to 163.9 million euros, according to its pre-audit results. The company, which last year internationalized 72 percent of its production, recorded an EBITDA of 14.8m euros, an increase of 2.3 percent compared to the 2021 financial year.
In 2022, Spain remained the main market for ISTOBAL and has grown by 11 percent in the last year. The United States and the UK have become the main export countries for the group in terms of turnover.
ISTOBAL foresees sustainable growth in 2023 in its commitment to internationalization, connectivity, innovation, and sustainability with a renewed offer of products and services aligned with the mega trends of the sector and its needs.
With 10 subsidiaries and four manufacturing plants in Europe, America, and Asia, ISTOBAL is currently the second largest manufacturer of car wash solutions in Europe and the fourth largest in the world.
