banner ad
blog post banner

Sacmi delivers strong annual results

July 2019

Sacmi Group posted further growth figures in 2018, including revenues of Euro 1.4 billion, net equity of Euro 668 million and a balance sheet profit of Euro 50 million. The Group’s export share remained stable at 85% of revenues, while investments rose to Euro 42 million and the workforce grew to more than 4,500 employees.

“2018 produced one of the best results in Sacmi’s history, with an improvement in net operating margin with respect to the previous year,” commented Chairman, Paolo Mongardi.  This performance is all the more significant when viewed against the progressive weakening of the international economic situation during the year.”

In its centenary year, Sacmi has already set out its new goals for 2030, which involve further strengthening its skills, processes and facilities so as to guide the digital transformation in terms of products, services and business models.

“We saw some major achievements in 2018, including the inauguration of the new Sacmi Innovation Lab and the partnership with the MIT of Boston, which enabled us to strengthen our role as an international leader in research applied to industry,” says Mongardi.

“Continuing in this direction is the right strategy for creating an even more integrated and efficient international Group with a solid international culture, managerial excellence and strong values.  We must take up the new challenges of the circular economy and the widespread culture of sustainability that are now essential for the future of the global community.”

More at http://www.sacmi.it

Piemme collaborates with Gordon Guillaumier at Fuorisalone 2018

Period inspiration, colour and movement characterise Shades; the new ceramic tile collection from Ceramiche Piemme.  Here the ethereal beauty of...

Continue Reading

Chinese Tile Exports Fall for Third Year in a Row

The final 2016 figures for ceramic tile export volumes from the People’s Republic of China, the world’s largest exporter, reveal...

Continue Reading

Must-see installations at Clerkenwell Design Week

Clerkenwell Design Week has created a showcase of leading UK and international brands in a series of showroom events, exhibitions...

Continue Reading