The consolidated financial statements were presented during the Shareholders Meeting, showing the best revenues in the company’s history, totalling over 415 million Euro.
Cefla, 2015 a year of growth.
Balducci re-appointed as Chairman
The positive trend continues, with the value of production exceeding 443 million. Since 2012 net income has almost quadrupled. Performance fuelled by investments in product and process innovation.
The shareholders’ meeting of Cefla approved the final financial statements for 2015. The value of production was 443.406 million euros, an increase over the previous financial year of almost 6%.
The EBITDA was 54.346 million (+12.3%), net income was 16.023 million and shareholders’ equity was reported of 228.018 million (+3.75%).
During the course of the meeting, which took place on 30 May 2016, Cefla’s shareholders also appointed a Board of Directors which will remain in office for the next three years. Heading it will be Gianmaria Balducci, re-appointed as Chairman by the Board, which met the day after the shareholders’ meeting. The new Board, which boasts a young average age (46 years) consists of: Claudio Fedrigo (deputy Chairman), Yuri Della Godenza, Nevio Pelliconi and Cristian Pungetti.
“We are very satisfied,” commented the Chairman Gianmaria Balducci, “by this performance that confirms the upward trend that commenced four years ago. From 2012 to 2015 the value of production grew by 100 million and shareholders’ equity grew by almost 17 million. A result that is due to the huge commitment of the many people who work in our company and to the significant investments, in product and process innovation, that have enabled us to anticipate the trends and confirm us as a key player in the market in which we operate”.