Cefla celebrates 85 years with record financial statement

On 31 May 2017 the Cefla shareholders’ meeting approved the 2016 financial statement, its best ever: an achievement that comes in the year of Cefla’s 85th anniversary. The figures even exceed those of the record-breaking 2015, confirming an upward trend begun five years ago.

Total sales touched 468 million euro (plus 5.5 percent compared to the previous year), with improved profitability leading to net profits of 17.5 million (plus 9.4 percent compared to 2015) despite high investment levels throughout the year. Employment levels also rose, with workforce numbers touching 1900, an increase of some 200 over the last three years.

“We’re delighted to be able to present this record-breaking financial statement on the 85th anniversary of our founding and look forward to the tough challenge of maintaining and improving on that performance in the future“, comments Cefla’s President, Gianmaria Balducci. “Cefla has a long history behind it. Today, it remains as dynamic and future-oriented as ever thanks to an unshakeable commitment to innovation and the sharing of know-how and research among our Business Units”.

The main driving force behind Cefla’s growth was Cefla Medical Equipment which, again in 2016, saw continued expansion in the radiology sector. “C-Led” − the new Business Unit inaugurated in April 2016 that takes the company into the Led lighting sector − also produced highly encouraging results. Cefla Finishing and Cefla Plant Solutions also performed very well, confirming their leadership on respective markets. Cefla Shopfitting, currently focusing on retail design and technological innovation, also improved significantly. Overall, sales on foreign markets account for some 70 percent of all Cefla Group sales, highlighting the importance of the Imola-based cooperative’s international dimension.

 Picture: Cefla’s President, Gianmaria Balducci, between Cristian Pungetti on his right, and Yuri Della Godenza on his left (both members of the Board of Directors).