Search
 
Search by year
Search by keyword
Search by sector
Search by category
Find 
Sacmi RSS Feed
Find out how to subscribe to Sacmi RSS feeds
 
6/1/2005
Annual Report 2004: total sales break the 1 billion Euro barrier

Net profits at Euro 28.8 million, 300 extra staff , and export quotas up from 80 to 86%

Product, process and service innovation has yielded excellent results. The Sacmi Group balance sheet 2004 closed with a total turnover of 1,063 million Euros, 23.3% higher than in 2003, and net Group profits of 28.8 million Euros. The total value of production also rose significantly to touch 1,153 million Euros, an effective increase of 31.9%. (Ebitda touched 91 million Euros, Ebit 58 million Euros).
Despite unfavourable exchange rates, the proportion of sales accounted for by exports still grew with respect to the preceding year, from 80% to 86%.
Throughout 2004 - explains President Domenico Olivieri - the parent company Sacmi Imola continued the operational and strategic reorganisation that, over the last three years, has raised the number of employees by 6.7% and increased overall sales volumes by 45%. With regard to the Group, instead, the entry of two German companies (Laeis GmbH and Riedhammer GmbH) into the Group contributed to further growth of the workforce; there are now 3,463 employees as opposed to the 3,181 at the end of 2003 (+282).
Total internal and external R&D costs in 2004 amounted to 6.7 million Euros for Sacmi Imola alone – continues Olivieri - while at Group level the figure was higher than 10 million Euros. Global investment, which reached 69 million Euros in 2004, confirms the trend of massive financial commitment to the growth and reorganization of the Group.

Back

Corporate News

 
9/13/2018
24-hour ASSISTANCE, the new SACMI service for Continua+lines
Initiative by the SACMI Customer Service Division to provide customers on the strategic Italian market with even closer support  >>

9/10/2018
SACMI Packaging & Chocolate, tradition and innovation with a face to the future
The newly introduced Division, representing a new organisational model, is to promote and market the historical brands of the individual Group companies which have made history in the Italian chocolate and packaging industry.  >>

8/27/2018
Sacmi focuses on the environment and acquires 100 per cent ownership of Eurofilter
The company - already the world's leading provider of environmental services to the ceramic industry and other sectors - is fully owned by Sacmi, opening up prospects for further consolidation and penetration of new markets and businesses  >>

7/24/2018
Sacmi presents ‘super steel’ for moulds at the national AIM conference
Research was conducted by the Sacmi steel team together with Bologna University (DICAM and DIN departments).  >>

 

This website uses "cookies". If you choose to continue using the website, you are authorising the use of cookies according to our cookie policy. For further information or to deny the use of some cookies, please click here.

accept cookie policy