Metalcastello announces the 2018 financial results: another record of turnover and profits for the company based in Bologna
Bologna, 4 aprL 2019 – Metalcastello S.p.A., world leader in the production of gears for mechanical transmissions, announces the approval by the shareholders' meeting of the financial statements for the year ended 31 December 2018.
The company has recorded a turnover of over 67 million euros (up by over 30% compared to the previous year) and a profit of 6.1 million euros, the fourth record result for Metalcastello, a confirmation of the constant improvement in the last 4 years .
The forecasts for 2019 are also positive, which, if confirmed, will result in a consecutive record result.
The Chief Executive Officer Stefano Scutigliani commented: "A new turnover record for Metalcastello which confirms that the strategy undertaken is winning" - and continues - "Thanks to important investments in products and processes and the strengthening of an internal know how, Metalcastello has grown in the name of innovation, a key factor that has rewarded and distinguished Metalcastello on the market ".
For more information:
Press Office Metalcastello - LIFE Agency
Anna Morabito - firstname.lastname@example.org – Mobile. 393-8211169