The Company achieved a brilliant economic result in FY 2014, almost threefold over the positive results of FY 2013, despite the negative economic cycle which is affecting the EU and Italy, in particular. This result confirms the flexibility and capability of responding promptly to its customers’ needs, including the ability to balance its own production and production work for third parties.
In 2014, the Company continued to successfully develop new special products for niche markets, improve the activity of work for third parties, with new on-line commercial services for its customers and increase the export of its innovative products. The Terni plant, which produces some materials for the San Giovanni Valdarno facility, contributed to improve customer services through its on-time and speedy delivery.
During the year, the Company acquired some new and technologically-advanced equipment for the treatment of solvents, which would allow a reduction of industrial costs and lower atmospheric emissions. Further investments have been made in order to increase the efficiency and the safety of the equipment.
The forecast for the next year is positive, thanks also to the new investments made in 2014, despite the uncertainty of the economic situation.