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[June 2007]
Sacmi Group Sales Break €1 Billion Barrier Again
The year 2006 was, in general, particularly difficult for Sacmi Group (Imola, BO, Italy) as a result of the international market recession; this accentuated competition for the maintenance of market shares and reduced margins for all competitors.Nevertheless, despite this scenario, the effective implementation of a product diversification and sales internationalisation strategy allowed the Sacmi Group to maintain market shares.
With a slight rise in the number of employees, the 2006 group balance sheet closed with sales of €1.074 billion, generating a net group profit of €13.5 million, equal to 1.3% of the income generated by the sale of goods and services. The share of sales accounted for by exports stabilised at 80.9%. EBITDA reached €97 million, EBIT €60 million and net worth increased to €510 million.
The Ceramic business area, with consolidated sales of around €695 million, returned to business volumes on a par with those of the preceding years; while volumes were down by 10% with respect to 2005, it should be borne in mind said the company that the latter was an exceptional year on account of some particularly large sales contracts.
www.sacmi.com
ENDS