SACMI closes 2024 with sales revenues of 1.728 billion euros. Despite the complex international economic and geopolitical backdrop, the company’s economic and financial fundamentals proved to be sound. For the first time, net equity exceeded one billion euros (1.055 billion, +172 million compared to 2023) while EBITDA settled at over 323 million euros and EBIT at 236 million. Net profit exceeded 200 million.
These were the highlights of the Consolidated Financial Statement, presented yesterday evening, 16th May, at the Parent Company’s (SACMI Imola) Shareholders' Meeting. “2024 was a solid year that went beyond expectations”, pointed out the President, Paolo Mongardi. “SACMI's forward-thinking strategy rests on solid foundations and fully embraces the global drivers of digitalization and sustainability”.
The year saw a continued focus on the core businesses, confirming the sterling reputation of - and customers’ confidence in - SACMI products across all sectors. In parallel with the to-be-expected slowdown in the ceramic sector - the result of international tensions and the sluggish global construction market - the Rigid Packaging, Advanced Technologies, Packaging & Chocolate sectors all performed excellently, driven by highly dynamic markets receptive to innovation.
Investment remained consistently high in 2024 at 71 million euros, in line with the previous year, with a strong focus on innovation (276 new patent applications in 2024 alone, over 6,200 in the Group’s history) and training (over 94,000 hours). In parallel, SACMI confirms its role as a key player in the manufacturing industry’s ecological transition: during the year it presented innovative firing processes (e.g. electric), new process control solutions (thanks also to the acquisition of a majority share in Italvision in 2024), plus new eco-compatible standards, processes and materials in the packaging sector. “Sustainability is the key to future competitiveness”, explains President Paolo Mongardi. “We continue to invest in people by focusing on our values, which have consistently guided SACMI to worldwide success.”
