banner ad
blog post banner

Another year of positive results from Sacmi Imola

June 2018

Sacmi Imola has posted very positive results for the third consecutive year, ending 2017 with growth in both revenue and EBITDA against 2016.  The group results also showed an improvement over the previous year with sales of Euro 1.434 billion.

 

Exports remained stable at 84% of total sales.  The Italian market showed particularly strong growth: up 23% in the ceramics division alone.

 

“The important results achieved in the business year were driven by the excellent performances by the Ceramics Division, and the Closures & Containers Business Unit,” commented Chairman, Paolo Mongardi.  “The Ceramics Division accounts for around 70% of sales volumes and, in 2017, saw a further improvement on recent years’ growth.”

 

The number of employees increased in a year from 4,239 to 4,305, with a large increase in numbers in the Emilia-Romagna ceramic cluster.  In this area alone, more than Euro 570 million of purchases were made by local customers in 2017 alone.

 

More at: http://www.sacmi.it/

Esmalglass acquired by Lone Star Funds

Investcorp announced today (13th July) that it has agreed the sale of Esmalglass to global private equity firm Lone Star...

Continue Reading

What Do Specifiers Want?

NBS’ latest survey focussed directly on what specifiers expect from building product manufacturers in 2017 and beyond.  NBS received over...

Continue Reading

British Ceramic Tile supports the Air Ambulance Trust

British Ceramic Tile has nominated both the Devon Air Ambulance and Yorkshire Air Ambulance as its charities of the year,...

Continue Reading