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Feralpi Group posts strong results for 2016-The 18th Guangzhou Die-casting, Foundry & Industry Furnace Exhibition
5/24/2017 Die-casting expo-foundry expo |
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Giuseppe Pasini, chairman of the Feralpi Group during the press conference during the seventh edition of Made in Steel said that "Revenues in 2016 rose to 925 million, compared to 917 in the previous year and 68% were entirely represented by the foreign component.”
The international steel group, specialized in building steels, can thus say goodbye to last year, far different from the previous ones. In fact, production is up by 2.4 million tonnes of baked steel (+ 7.5%), 2 million and 150 thousand rolled products (+ 6.8%) and 860 thousand of finished products (+ 9% ). The Ebidta is also very good, practically doubled, as it went from 46 million in 2015 to 98 last year.
Positive also the net result, after the loss of 6 million in 2015. In 2016, net income was 38 million euros. All up-to-date and certified for the excellent group time. Finally, Italy exported 52% to + 3.9%. The domestic market therefore grew by 4.7% to a total of + 4.3%.
-The
18th Guangzhou Die-casting, Foundry & Industry Furnace Exhibition
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