Following the strategic swift to Hospital market in 1996 DEMO has delivered an impressive record of sustained earnings growth. Hence, during the past years, the company’s turnover grew from€18,000,000 in 2000 to €90,000,000 in 2008, with a compound annual growth rate exceeding 22%! Turnover in 2015 is € 123.500.000, while sales abroad amounted to € 38.100.000.
Moreover, the continuous investment in production improvements and the compounding effect of our focus in the hospital sector has resulted in an even more impressive growth of our profitability. During the past years, the company’s earnings have grown by more than 26% annually.
At the same time, our international sales division attribute an ever increasing portion of the overall sales of the company, exceeding 30% of total revenues during 2015. This goes in line with our strategic commitment to expand our presence worldwide and enable the global market to drive the company’s future growth.
DEMO S.A. is committed to long-term growth both in Greece and globally. This is apparent via the latest investment that exceeds €35,000,000 and is targeted to both the creation of new manufacturing lines and the extension of the capacity of existing ones. This latest investment – the largest one in Greece by a privately-owned corporation – enables DEMO to play an ever increasing role in the global markets by entering new product segments and facilitating the offering of such value-added services as:
- Large-scale contract manufacturing
- Worldwide dossier preparation