| 22.8°C Dublin

Close

Premium

Global supply crisis sees Combilift lose out on €50m sales

Monaghan forklift maker’s revenue will hit €350m this year, says CEO Martin McVicar

Close

Martin McVicar at the Combilift plant in Monaghan. Photo: Steve Humphreys

Martin McVicar at the Combilift plant in Monaghan. Photo: Steve Humphreys

Martin McVicar at the Combilift plant in Monaghan. Photo: Steve Humphreys

MONAGHAN-BASED Combilift will lose out on sales of up to €50m this year because of the global supply chain crisis and a lack of electronic components, according to its co-founder and chief executive, Martin McVicar.

Speaking to the Irish Independent, he said sales at the forklift maker are likely to be around €350m this year compared to just over €300m in 2021. However, he said that without current component shortages, revenue this year could have been around €400m.


Related topics


Most Watched





Privacy