Financial Statements 2020 approved: economic indicators at highest levels in company history. An increase in the EBITDA margin that reaches 55.6 million. Overall net profit stood at an all-time high of 31.6 million euro – up by 17% over the previous year.
Financial Statement 2020
The 2020 consolidated financial statements of the Cefla group closed with an excellent result, at a time in history characterised by the current pandemic situation: there was a slight decrease in revenues, which exceed 531 million euro, and an increase in the EBITDA margin that reaches 55.6 million. Overall net profit, on the other hand, stood at an all-time high of 31.6 million euro – up by 17% over the previous year.
Customer orientation, strong diversification, and focus on sustainability were some of the driving elements of Cefla’s operations in its different BUs during 2020. Newly secured key contracts and the pursuit of an internationalisation strategy by the Engineering BU, the increased market share of the Medical Equipment BU and major steps towards diversification taken by the Finishing BU made it possible to achieve the results obtained in 2020 in terms of higher EBITDA and EBIT margins.