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7/31/2006
Annual Report 2005, sales touch 1.1 billion Euros

Net profit 21.3 million Euros, export share 86%. Net worth of Group also on the rise.

Production diversification and the process of sales internationalisation, key aspects of the Sacmi Group corporate strategy, proved effective in warding off the effects of a strong Euro-to-Dollar rate, spiralling oil costs and constant increases in the cost of raw materials. With a slightly higher number of employees (+1.8%) the 2005 balance sheet closed, in fact, with total sales of 1,129 million Euros, an increase of 6.2% with respect to 2004 and a net Group profit of 21.3 million Euros, equal to 1.9% of income generated by the sale of goods and services. The share of sales accounted for by exports stabilized at 86%. Ebitda reached 94 million Euros, Ebit 66 million.
“Consolidated Group results over the last few years”, stated President Domenico Olivieri, “highlight, also at equity level, a constant growth trend, confirming Sacmi’s financial solidity and reliability as a business partner”. Group equity, in fact increased by 3.7% to 505 million Euros. “Good economic results”, he continued, “were also driven by effective innovation of products, processes and services: investment in research and development has nearly doubled in all business areas. Overall investment levels stayed high at 51 million Euros, confirming the ongoing financial effort to expand and reorganize the Group”.

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Corporate News

 
5/29/2018
Sacmi a partner in the European Z-Bre4K predictive diagnostics project
Funded as part of the Horizon 2020 programme, the project involves 17 European partners, all leaders in their respective industrial and academic fields  >>

5/28/2018
Ceramitec, a highly successful Open Day for the Sama research centre
The F.I.T. (Forschung, Innovation und Training) facility is now the world's reference point for research into advanced ceramics. A recent Open Day attracted more than 200 participants from 30 countries  >>

5/21/2018
Sacmi, sales above 1.4 billion euro
Third highly positive year in a row for the Cooperative. In Ceramics alone, the Italian market grew by 23%. President Paolo Mongardi stated: “The key ingredients of our future-oriented recipe are investment, service and governance 4.0”.  >>

5/18/2018
Sacmi sanitaryware technology now available in Turkish
Book on Sacmi sanitaryware manufacturing technology now published in Turkish  >>

 

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