The 4th edition of the Acimac Research Department’s “Financial statement analysis of world ceramic tile manufacturers” analysing the data of 388 companies and comparing the results of Italian, Spanish, European and Asian companies is now available.
Total net sales grew by 5.9% to $9.5 billion. Sales of the Global Ceramics Division grew to $3.405 billion in 2017 (+7%), equivalent to 36% of the group’s net sales.
The tile production grew to 530 million sq.m (+7.7%) and total revenues reached 3.5 million Euro (+6%), thanks to the increase of both exports (+4,5%) and domestic sales (+10%).
The innovative layout installed in three factories includes the Multigecko, Multipack and Griffon systems. A Creadigit XLE digital printing system has also been started up.
With more than 40 years of experience in the ceramic industry, Tyrolit can boast detailed knowledge of the finishing, end-of-line and cutting processes.
43 million sq. of ceramic tiles were imported and consumed in Canada last year. Chinese tiles represented 38.7 of total consumption in volume, while Italian tiles represented 38% of total consumption in value.
The Italian facility and the Cinca plant in Portugal have undergone a technology upgrade, including significant investment in the end-of-line department.
