Consumables

Favini keeps on growing in 2016

Thursday 08. September 2016 - Turnover at Euro 87 million, +4% vs 2015 and +9% vs 2014. Ebitda at Euro 9,3 million, +12% vs 2015 and +36% vs 2014.

Eugenio Eger, CEO, states: “Our attitude to continuous innovation grants us visibility in the market and performance with consistence growth”.

Favini, among the global leaders in the production of innovative graphic specialties made of sustainable raw materials, discloses its first half 2016 financial results.

Turnover reached Euro 87,1 million, up 4% compared to the corresponding period of 2015 and 9% above 2014. Ebitda grew to Euro 9,3 million in the six months, showing a growth of 12% vs 2015 and 36% vs 2014.

The attitude towards export (circa 70% of turnover is outside of Italy), the focus on the production of specialities, both for industrial and graphic use, and the high level of attention to market needs are the key factors for such brilliant results.

Eugenio Eger, Favini CEO states: “Our attitude to continuous product innovation grants us an excellent visibility in the market and contributes to achieve results with consistent growth. The market recognizes Favini as a strong and reliable partner to develop long term projects”