Positive results across all business sectors

Date 06.14.2017 | Category: News
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SACMI IDM June

With revenues from sales and services at 1.4 billion euro – about 40 million more than in 2015 – and a net worth of 642 million euro, SACMI has produced, for the third year running, one of the best results in the Cooperative's history.

 

These outstanding figures were illustrated at the Shareholders’ Meeting of Friday 19th May, held in SACMI Imola's brand new Auditorium.

 

Says President Paolo Mongardi: “As with the parent company, SACMI Imola, the Group's consolidated financial statement is a decided improvement on both the budget forecast and the previous year's performance: sales are rising and the consolidated net result - higher than in 2015 - stands at about 34,5 million euro”.

 

These results are being driven by the excellent performance of the Ceramics and Closures & Containers Divisions. In 2016 the former – which represents about 70% of the volumes generated by SACMI Imola – strengthened the growth patterns established in previous years.

 

Explains Mongardi:“Highly positive results were achieved”, “on both Italian and European markets, a sign of Italian firms' renewed willingness to invest and the success of SACMI's continuing focus on product innovation, efficiency and plant automation”. For more visit: sacmi.com

 



Source: Sacmi
Author: COX
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