Sacmi sales above 1.4 billion euro

The 2017 Financial Statement for Sacmi Imola shows higher sales and an increased gross operating margin with respect to 2016. Like its parent company, the Group as a whole closed the year by improving on the previous year’s performance, with sales touching 1.434 billion euro; the net consolidated result was over 35 million, also on the rise compared to 2016.

In just one year the number of workers rose from 4,239 to 4,305, the increase being particularly significant in the local region where SACMI has invested more heavily in new human resources, facilities and manufacturing units. Exports remain stable, accounting for 84% of total volumes. Against this generally positive background, the huge progress made by the Italian market – more than 23% greater in the Group’s largest business unit Ceramics – is particularly noteworthy, states the company.

“The impressive results obtained in 2017”, points out Paolo Mongardi, President of SACMI Imola, “have been driven by the excellent performance of the Ceramics Division and Closures & Containers business unit. The former accounts for some 70% of volumes produced by SACMI Imola: in 2017 upward growth accelerated again, generating significant results, higher than both the budget forecast and the final balance for 2016. Similarly, the Closures & Containers B.U. maintained the pattern of expansion, obtaining significant results and a strong customer portfolio in over 60 countries”.

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