100 %
Continuous casting
100 %
enviromental
sustainability
For over
40 years
in the service
of customers
liquid
aluminum
supply
innovation for the
automotive industry
innovation for the
white-goods
100 %
recycled aluminium
innovation for
lighting
innovation for
building
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ANNUAL FINANCIAL STATEMENTS SILMAR GROUP 2022

July 27, 2023

Silmar Group is a diversified and strongly synergic reality, operating on the global market with thirty production sites in over one hundred markets. The Group's companies are leaders in the heating sector with Fondital, in aluminium alloys from recycled materials with Raffmetal; in plumbing, recycling of plastic materials and passive fire protection with Valsir and its subsidiaries and affiliates in Italy and abroad.

In the three-year period, the Group's companies reached an investment quota of € 238,544,000.

 

 

2020

2021

2022

Var %

Turnover

877,446,000

1,217,250,000

1,515,810,000

+24,5

Investments

57,843,000

62,973,000

117,728,000

+86,9

EBITDA

121,118,000

174,641,000

199,522,000

+14,2

Depreciation and amortisation

43,405,000

60,512,000

56,839,000

-6,1

Net profit

53,507,000

85,376,000

104,057,000

+21,9

Cash flow

103,106,000

145,890,000

169,280,000

+16,0

Total employees

3,334

3,548

3,651

+2,9

                      Italy

1,879

1,978

2,117

 

                      Foreign

1,455

1,570

1,534

 

Aggregated data


All Group companies share a structured sustainability path that has enabled them to anticipate European directives and meet stakeholders' needs in ESG terms.

The Group dedicates significant resources to the well-being and ongoing training of its employees, through structured welfare plans and work-life balance services. It also supports corporate social responsibility initiatives that promote sports, cultural, scholastic, religious, artistic and health-related growth in the territory of Brescia and its province, with particular attention to the local younger generations.

The Group has defined an industrial plan that envisages significant investments in renewable energies in order to achieve the goal of climate neutrality in 2050.

In terms of aggregate revenues, 2022 was the best financial year ever recorded by the Silmar Group in its history.

SILMAR GROUP: FORECAST EVOLUTION 2023

During the first half of 2023, there was a decrease in energy prices, although demand within the Eurozone is slowing down due to the multiple uncertainty factors of rising inflation and interest rates.

During 2023, the industrial plan of all Group companies aimed at the continuous streamlining of plants and factories to achieve the goal of product and process climate neutrality will continue.





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