SCM Group’s year-end statement is €600m
17 January 2017SCM Group’s 2016 year-end statement is to total nearly €600m (€513m in 2015). This summarises a successful year for this world leading producer of industrial machinery and components and an undisputed market leader in the production machinery used for processing wood, aluminium, composites, plastics, metal, marble and glass etc.
"We can safely say that 2016 too was a very successful year," says Andrea Aureli, the SCM Group CEO, "and the estimated year-end statement confirms this. We have seen a significant increase in revenues and expect to close the year 2016 with a total of nearly €600m, of which over €400m in the wood industry.
“A growth that is greater than that of the market in general and a confirmation of the quality of investments we have made in various regions of the world and in Italy. Without ever losing sight of the two key elements that have enabled us to achieve these excellent results: innovation and young people".
SCM's success is based on the group's commitment to all the key markets where it operates, offering an excellent example of how an Italian company can succeed in the world. Outside of Italy, where revenues doubled this year, SCM Group has continued to invest in expanding and consolidating its international presence.
