In this economic environment Cosmos Lac has
demonstrated an increase in all its figures. Sales
have shown a 7% increase and reached 4.520.000,
while net gains showed an increase of 33%
, from 362.000 in 2001
to
482.000
in 2002.
Export sales contributed with a 24% of total sales,
overcoming the level of 1 million Euro
.
All the above had as a result for Cosmos Lac not
only the first place in sales and gains in its
sector (ICAP 2003), but also the ranking of the
company among the three largest spray manufacturers
of South Europe.
Looking back throughout this year we can be more
than satisfied for what we achieved.
Balance sheet (Excel file)
COSMOS LACs STRATEGY.
Research-Product
Portfolio-Flexibility-Responsibility.
Research The devotion in research is one of the
fundamental elements of the company. Every year we
increase our investments in the Research &
Development department, by adding onto assets as
well as onto human resources. Our new facilities of
4500 mē covered space in Aylida-Attica, allow us
the continuous experimenting for the creation of
new products and for the improvement of the
existing ones. One of our investments in the
research department during the first 6 months of
2003 was the acquisition of a gas chromatographer
of 60.000.
Product Portfolio The factor which puts Cosmos Lac
in the first place of its category, is the yearly
production of new products. Every day with a
diverse market research we collect and process
information concerning the needs of the market in
order to fulfill its demands to the highest
possible level. Some of the new products that were
launched in 2003 were the new emulsion paint series ASPRO, the Penetrating Oil Professional (P.O.P),
spray contact cleaner, and the new graffiti with
the code name Sabotaz. The moment you read these
lines Cosmos Lac produces 75 different product
categories (some of which in more than 25 colors)
and commercializes an immense group of goods from
leading companies like 3M and INDASSA.
Flexibility The business structure of Cosmos Lac
has changed during the beginning of 2003 bringing
an even greater engagement to the principles of
innovation and of continuous development. In
addition to the above, the quality verification was
upgraded from ISO9001:1996 to ISO9001:2000
(Verifying Foundation B.V.Q.I), providing Cosmos
Lac a better production quality control with a
direct informational framework.
Responsibility The functioning and development of
the company complies to a severe ecological and
social responsibility framework. We follow
devotedly Greek and European community laws, as
well as severe standards of foreign foundations.