Knitted fabric manufacturer Fieratex has posted total sales of EUR38 million for full-year 2003, up from EUR35.5m in the year prior.

The company, which produces 35,000 kilograms of dyed knitted fabrics daily, also saw exports rise 18 per cent year-on-year to EUR5m for the 12-month period.

Fieratex was established in 1988 following the merger of Anezoulaki Bros and Industrial and Commercial Enterprises.