Agos­ti­ni’s has record­ed in­creased sales and prof­its for Fi­nan­cial Year 2021.

In the com­pa­ny’s An­nu­al Re­port, chair­man Chris­t­ian Mout­tet not­ed “Sales in­creased by 5 per cent from $3.43 bil­lion to $3.61 bil­lion and prof­it at­trib­ut­able to share­hold­ers in­creased by 13 per cent from $126 mil­lion to $143 mil­lion.”

Over the course of the year, Agos­ti­ni’s al­so over­saw the ac­qui­si­tion and in­te­gra­tion of three com­pa­nies: Os­car Fran­cois Lim­it­ed, In­ter­sol Lim­it­ed and Process Com­po­nents Lim­it­ed.

Mout­tet said, “These ac­qui­si­tions are very much in line with our strate­gic ob­jec­tives of ex­pand­ing our core busi­ness op­er­a­tions. “

As he looked for­ward to the com­pa­ny’s per­for­mance in fis­cal year 2022, Mout­tet said, “Over­all, we re­main pos­i­tive about the Group’s fu­ture. The seg­ments in which we op­er­ate pro­vide op­por­tu­ni­ty for growth and ex­pan­sion, and our in­vest­ments in re­cent years in our peo­ple, and in tech­nol­o­gy and in­fra­struc­ture, has us well po­si­tioned to de­liv­er im­proved re­sults over the long term. Our re­cent ac­qui­si­tions are an ex­cel­lent strate­gic fit with our Group’s core busi­ness­es, and as men­tioned ear­li­er, are ex­pect­ed to be ac­cre­tive to earn­ings from 2022.”