Cefla 2017 financial statements: a five-year growth
Positive results in 2017. Value of production 20% higher than in 2016. Foreign markets performing well.
Cefla closes 2017 with an increase by +20% in the value of production over the previous year – confirming its growth trend for the fifth year in a row. The turnover figure, equal to 528 million euro, consolidates the contribution from foreign subsidiaries in strategic markets such as the United States, China and Russia – with an export percentage share of 54%.
The economic performance of Cefla, with a strong focus on cost containment, is matched by a solid financial position. Also the net financial position continues to be positive, net of over 20 million euro of investments.
2017 also saw the company enter into a preliminary Patent Box agreement with the national Revenue Authorities for a significant part of its portfolio, equal to over 600 intellectual property rights, patents, trademarks and designs. Cefla is one of 20 large-sized top companies in Italy to have obtained this acknowledgement of its constant commitment to Research and Development.