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Economic trends in the first half of 2018 were very favorable across the world. As a result, market prices increased significantly.
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The strong market demand at the beginning of 2018 caused a strong upward pressure on prices. Delivery times were getting longer and stocks in the trade sector increased.
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To be close to our customers as a distribution partner, we are constantly working on strengthening and expanding our network.
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The Van Leeuwen Pipe and Tube Group’s consolidated sales were € 630 million, an increase of 3% compared to the previous year.
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To achieve our strategic objectives we rely on a large team of professional and motivated employees, a high number with many years of experience and others with a youthful spirit and innovative strength.
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We expect the price developments for some key product categories to be less favorable in 2019. In addition, economic growth in Europe seems to slow down.