NBI Bearings Europe, S.A. Reports Earnings Results for the Full Year Ended December 31, 2020
March 07, 2021
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NBI Bearings Europe, S.A. Announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was EUR 24.914 million compared to EUR 24.530 million a year ago. Net income was EUR 453,200.000000 compared to EUR 2.820 million a year ago.
NBI Bearings Europe SA is a Spain-based company engaged in the bearings production. The Company focuses on the design, development and manufacture of ball and roller bearings for various applications, such as cranes and offshore machinery; gear boxes; industrial machinery; agricultural equipment; tubular stranders, as well as pulleys and shear blocks. The Company's products range includes single row ball bearings; cylindrical, tapered, spherical and needle roller bearings; support rollers; cam followers, as well as cylindrical and spherical roller thrust bearings. In addition, it provides advisory related to bearing selection and dimensions; technical assistance; as well as tailor-made design, among others. The Company is controlled by Pakel Rmi Promocion de Empresas SL.