Orbea sets lofty 2022 target on the back of investments

May 9, 2022

Orbea has issued an operational update on its progress, within which the company revealed a sixth consecutive year of growth and a sales revenue of €282 million.

Driven largely by exports, worth some 80% of the Basque firm’s trade, Orbea recorded a €40.7 million post-tax profit, which has bolstered the firm’s cash at hand. This, says Orbea, strengthens the company’s ambition as it continues to invest. Cycling Industry