Prodrive Technologies expects to realize between 15 and 20 percent revenue growth in 2020. The Son-based company states its global activities remained uninterrupted during the coronavirus pandemic. Although macroeconomic circumstances offer a significant spread in mid-term growth scenarios, it expects its revenue to increase due to a strong order backlog and technology project pipeline.
Last year, Prodrive saw sales increase by 24 percent to 244 million euros, achieving a net profit of 13 million euros. As a result of the fire at its HQ in Son on 1 December 2018 (link in Dutch), business activities were temporarily disrupted in 2019. The company managed to fulfill the resulting backlog and ongoing demand in the first half of last year.