World’s leading provider of advanced weaving solutions ITEMA has announced its results for FY 2015 ended December 31. Total sales at the Group were up 11 per cent, while weaving machine sales were up 14 per cent in the reporting period. Spare Parts business also surged by 4 per cent.
Commenting on the results, Carlo Rogora, CEO of the Group said, “I am especially proud to announce yet another year of brilliant results at ITEMA Group. We are now entering the fourth year in a row of continuous growth, with +80 per cent more looms sold compared to 2012. This is a truly remarkable milestone, for which I also thank shareholders, customers, employees, agents, suppliers and partners worldwide for each and everyone’s contribution to our success. The innovative mindset, the fighting spirit, and, most of all, the commitment to Customers to offer only the smartest, most game-changing weaving technology are just some of the factors that set us apart.”
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The Group will remain focused not only on meeting and exceeding weavers’ needs, but on going beyond and anticipating future market requirements. It will also continue to concentrate on its extensive R&D efforts on offering better, smarter, faster solutions, increased performances, reduced consumption and enhanced user-friendliness, the company said.
