KeelWit celebrates its third anniversary by closing 2013 with an 83% increase in turnover

KeelWit celebrates its third anniversary by closing 2013 with an 83% increase in turnover

On March 1, KeelWit Technology celebrated its third anniversary as an engineering company.

During this time, KeelWit has expanded its areas of business, performing projects in a wide range of areas, such as sustainable mobility, recycling of sports equipment, design of vertical wind tunnels for indoor sky diving, industrial process energy efficiency, CFD analysis, energy certification of buildings, remote controlled robot mobility, etc.

Work has been supplemented by our own R&D in areas such as the introduction of product aerodynamic enhancement by testing in our own wind tunnel, road safety and information system security against cyber terrorist attacks.

As a result, turnover in 2013 increased 83% in comparison to 2012 and 291% as opposed to 2011. In addition, EBITDA on turnover reached 32.3%, an increase of 244% with respect to 2012.

Its sound financial and equity position, in addition to a positive net cash balance to meet financial commitments proves the Company’s economic viability, and that even in an unfavorable economic environment, there are opportunities for expansion in our country for engineers that develop state of the art technology.

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