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Picanol Group

Revenue

€2.7 B

FY, 2021

Picanol Group Summary

Company Summary

Overview
Picanol Group is an industrial group specializing in mechanical engineering for textile, agriculture, nutrition, water management, the (re)use of natural resources, and other industrial markets. It operates through four segments: Picanol, Proferro, Psicontrol, and Melotte. The Picanol segment develops, produces, and sells air jet and rapier technology weaving machines. The Proferro segment supplies cast iron parts and co-engineers, manufactures, and tests mechanical components for original equipment manufacturers. The Psicontrol segment offers custom solutions for real-time controllers, power electronics, and electronically-controlled motors including software, interfaces, electronics, mechanics, and actuators. The Melotte segment provides 3D metal printing and high-precision manufacturing.
Type
Subsidiary
Status
Active
Founded
1936
HQ
Ieper, BE | view all locations
Website
https://www.picanolgroup.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Sandra Hoeylaerts

    Sandra Hoeylaerts, Chief Transformation Officer

    • Miguel de Potter

      Miguel de Potter, Chief Financial Officer

    Operating MetricsView all

    Production Plants (Machines & Technologies)

    3

    FY, 2021

    Production Plants (Agro)

    18
    20.0%

    FY, 2021

    Terminals (Agro)

    110

    FY, 2021

    LocationsView all

    8 locations detected

    • Ieper, Vlaanderen HQ

      Belgium

      15 Steverlyncklaan

    • Greenville, SC

      United States

      65 Kitty Hawk Rd

    • Americana, SP

      Brazil

      Rua Treze De Maio, 164, Jardim Sao Domingos

    • Suzhou, Jiang Su Sheng

      China

      Fengting Avenue/Songzhuang RD 2

    • Pappanaickenpalayam, TN

      India

      Sunshine Building, Balasundaram Rd, Anna Silai

    • Jawa Barat, Jawa Barat

      Indonesia

      Jl. Moh. Toha Km 5,3 NO. 56

    and 2 others

    Picanol Group Financials

    Summary Financials

    Revenue (H1, 2022)
    €1.7B
    Gross profit (H1, 2022)
    €400.0M
    Net income (H1, 2022)
    €123.9M
    Cash (H1, 2022)
    €376.9M
    EBIT (H1, 2022)
    €182.8M

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