Good orders and strong emphasis on cost reductions colortran have contributed to the positive development of Glamox Group, one of Europe's largest manufacturers of belysningslsninger. Main Production in Norway happens at the factory in Molde, which has 400 employees.
Revenue in 2007 was 1.594 million (1.353 million in 2006). All employees of the Group before an extraordinary bonus at 10,000 dollars after six consecutive years of profit colortran growth.
In the fourth quarter, operating profit of NOK 45 million. Operating margin for the quarter was 10.6 percent and profit before colortran tax NOK 39.9 million. The order intake in the fourth quarter fell slightly as a result of the flattening in the construction business. (NTB)
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