According to Cefla, 2018 was a very positive year for the group and its 5 business units (Engineering, Shopfitting, Finishing, Medical Equipment and Lighting), despite the uncertain global situation. Each of the company's business units acquired important contracts and at the same time continued with a strategy of investment and internal reorganisation aimed at being in the best possible position to face the challenges of the present day and of the future.
The results of the Medical Equipment and Finishing Business Units in particular reached record values both in terms of volumes and profitability. The consolidated EBITDA, equal to around Euro 50 million, allowed for a positive cash flow, net of investments – entirely self-financed – of more than Euro 30 million, especially from the Finishing BU (with its new range of roller machines and the new ExyDry-Z oven with excimer technology) and in the Medical Equipment BU (which has a renewed range of dental units and new products for imaging and sterilisation).
“The Board of Directors would like to thank the shareholders for their belief in us and also thank all of our colleagues within the Cefla Group who, with their daily work – in the offices, on the assembly lines, at building sites and at our different premises all over the world – have made it possible to translate the strategies of the managerial group and the guidelines of the management team into numbers,” said Gianmaria Balducci, Cefla president.
