EnergyWatch

Innovation saves Jupiter Bach from price squeeze

The relatively newly-merged Jupiter Bach is feeling the constant prize squeeze and increasing costs of raw materials, which has forced the company to innovate to save its bottom line.

Photo: Jupiter Bach

The Danish nacelle and spinner cover manufacturer Jupiter Bach is still affected by the industry-wide price squeeze and the growing costs of raw materials, however, these factors have forced the company to work faster and smarter.

The producer is a result of the merger between Jupiter Group and Bach Composite Industries. At first glance, Jupiter Bach's annual financial statement does not look very positive. Revenue declined by DKK 60 million (EUR 8 million) and profit decreased from DKK 31.5 million to DKK 5.7 million. The annual financial statement does not, however, show the entire picture, says Jupiter Bach CEO Jens Kristensen.

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