The consolidated financial statements were presented during the Shareholders Meeting, showing the best revenues in the company’s history, totalling over 415 million Euro.
The year 2014 concluded with great success for the Cefla Group and all its business units, showing positive results and positive trends.
“In recent years we’ve dealt with the economic crisis taking a positive growth approach, without surrendering to fears in the face of new challenges and change; indeed today we are embarking on a path of renewal that follows a set of principles: to change and become competitive while adapting to new scenarios; to develop new products and new markets; to innovate procedures and agree to always question ourselves so as to avoid the risk that a past success might later become a hindrance. The good results of our last annual balance sheet makes us feel even more positive about the future.”
In 2014 Cefla has completed a number of important high-value projects that involved the entire company, first and foremost among them the EXPO Milan 2015 project.
A new element within this context of growth and renewal is the important strategic choice to create Cefla International. The new strategic business area is focused on developing Cefla in the United States, China and Russia markets where we have been operating production sites for years.
The 2014 numbers show value of production in excess of €415 million, with a net worth of over €214 million and a positive net financial position. Numbers that make us look positively towards 2015.
It was a year of changes, renewals and new projects that are continuing also in 2015, with a very large investment plan that calls for further development of the organisational model and of corporate-wide operation procedures, which will make us increasingly more competitive so we could adapt ever more rapidly to new global economic scenarios.