Ferro's Corporate Customers have recorded a rise in their cost of revenue by 21.49 % in the 4 quarter 2021 year on year, sequentially costs of revenue grew by 65.22 %. During the corresponding time, Ferro Corporation recorded a revenue increase by 2.46 % year on year, sequentially revenue fell by -3.92 %. While revenue at the Ferro Corporation's corporate clients recorded rose by 6.17 % year on year, sequentially revenue grew by 57.93 %.
Ferro's Customers have recorded a rise in their cost of revenue by 21.49 % in the 4 quarter 2021 year on year, sequentially costs of revenue grew by 65.22 %, for the same period Ferro Corporation recorded revenue increase by 2.46 % year on year, sequentially revenue fell by -3.92 %.
Ferro’s products are used in a variety of product applications in markets
including:
Appliances
Household furnishings
Automobiles
Industrial products
Building and renovation
Packaging
Electronics
Many of our products are used as coatings on our customers’ products,
such as glazes and decorations on tile, glass and dinnerware. Other products
are supplied to customers as powders that are used to manufacture electronic
components and other products. Still other products are added during our customers’
manufacturing processes to provide desirable properties to their end product.
Often, our products are a small portion of the total cost of our customers’
products, but they can be critical to the appearance or functionality of those
products.
Our customers include manufacturers of ceramic tile, major appliances, construction
materials, automobile parts, automobile, architectural and container glass,
and electronic components and devices. Many of our customers, including makers
of major appliances and automobile parts, purchase materials from more than
one of our business units. Our customer base is well diversified both geographically
and by end market.
We generally sell our products directly to our customers. However, a portion
of our business uses indirect sales channels, such as agents and distributors,
to deliver products to market.
Ferro’s Comment on Sales, Marketing and Customers
Ferro’s products are used in a variety of product applications in markets
including:
Appliances
Household furnishings
Automobiles
Industrial products
Building and renovation
Packaging
Electronics
Many of our products are used as coatings on our customers’ products,
such as glazes and decorations on tile, glass and dinnerware. Other products
are supplied to customers as powders that are used to manufacture electronic
components and other products. Still other products are added during our customers’
manufacturing processes to provide desirable properties to their end product.
Often, our products are a small portion of the total cost of our customers’
products, but they can be critical to the appearance or functionality of those
products.
Our customers include manufacturers of ceramic tile, major appliances, construction
materials, automobile parts, automobile, architectural and container glass,
and electronic components and devices. Many of our customers, including makers
of major appliances and automobile parts, purchase materials from more than
one of our business units. Our customer base is well diversified both geographically
and by end market.
We generally sell our products directly to our customers. However, a portion
of our business uses indirect sales channels, such as agents and distributors,
to deliver products to market.
Sources:
Ferro Corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Ferro Corporation’s corporate clients.
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