Kibbutz Pool Cleaner ‘Dolphin’ Rakes in Rising Revenue

A new line of robots helped Maytronics,   a manufacturer of the Dolphin robotic pool cleaners from Kibbutz Yizre'el,

 

A new line of robots helped Maytronics, a manufacturer of the Dolphin robotic pool cleaners from Kibbutz Yizre’el, picked up close to $47 million in revenue, a 26% rise, in Q2 2015. Maytronics’ value of shares jumped to $283 million.

Next month CEO Yuval Beeri, will step down after seven years, reaching a 50% increase within a year and 340% over the last 3 years.  Eyal Tryber, will take place, after serving as vice president of sales marketing for the last seven years.

Addressing the financial reports, Beeri said, “the pool season in the northern hemisphere opened very positively and it is possible we will see a prolonged season due to the warm weather in Europe and the US.”

He added: “We are experiencing significant growth in these territories, partly as a result of the very successful launch of a new line of robots which are in high demand.”

 

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