Sacmi Group reports €1.7 billion in 2024 revenues, launches first sustainability plan
The Sacmi Group reported revenues of €1.728 billion for the 2024 fiscal year, with net equity surpassing €1 billion for the first time, according to the financial results approved at the Parent Company Shareholders’ Meeting on May 16.
The company cited strong fundamentals despite ongoing global economic and geopolitical challenges. Net equity reached €1.055 billion, up €172 million from 2023. EBITDA totalled over €323 million, while EBIT was €236 million. Net profit exceeded €200 million.
Core business areas remained stable, with ceramics showing a slowdown due to weak construction markets and international tensions. In contrast, the Rigid Packaging, Advanced Technologies, and Packaging & Chocolate sectors all performed strong, driven by highly dynamic markets.
Sacmi maintained high levels of investment in 2024, allocating €71 million, consistent with the previous year. The company filed 276 new patent applications and delivered over 94,000 hours of employee training.
In line with new European CSRD (Corporate Sustainability Reporting Directive) requirements, Sacmi introduced its first Group Sustainability Plan -a project that details actions and goals along the entire value chain, from suppliers to local communities
The company reported a rise in self-generated renewable energy production (2.6 million kWh), part of its longer-term goal to decarbonise operations.
At the end of 2024, Sacmi employed 4,756 people, with over half of new hires under the age of 30. The company maintained partnerships with universities and research institutions, and 90% of its suppliers remained locally based. Over the past three years, SACMI has donated €2.4 million to projects in healthcare, education, safety, inclusion, sportsand cultural initiatives.
2024 also marked Sacmi’s 105th anniversary. Looking ahead, Sacmi’s President Paolo Mongardi noted the company is preparing for both the challenges and opportunities of 2025.