Imola, Italy — Italy's Sacmi Group generated 2015 sales of 1.35 billion euros ($1.22 billion), a record, and 3 million euros in higher net profit than the year before.
Sacmi officials cited three reasons: greater than expected performance in all main business areas, ongoing international growth and good results from recent strategic takeovers.
The 2015 annual report was issued May 14. Sacmi, based in Imola, makes equipment for three main markets: caps and other plastics packaging, ceramics and food processing.
In 2015, Sacmi opened a new facility in Brentwood, Tenn., focusing on after-sales service for the ceramics industry.
It was a big year for Sacmi. The company sold the Negri Bossi injection molding machinery business, and bought shares in Cosmec, Cmc, Eurofilter, Mectiles and B&B, as well as the recent 100 percent purchase of C&M Holding.
At the business-market level, Sacmi officials said performance has been driven by strategies in both ceramics and packaging/beverage. The group's German business achieved especially good results, they said.
The beverage area now has unified management of the entire portfolio, and also has a reorganization of its design and after-sales services operations. The company performed well in Latin America. Officials added that the growth of the Indian market “have been counter-balanced” by a slowing Chinese market.
Markets like Indonesia, Malaysia, Vietnam and Thailand have become increasingly important.
