SACMI Group reports 2024 revenues of €1.73 billion

Margins and equity both increased, surpassing €1 billion for the first time. Mongardi: “It was a solid year despite the complex international situation”.

The SACMI Group has posted consolidated revenues of €1.728 billion in 2024. Despite the complex international economic and geopolitical situation, the company’s economic and financial fundamentals proved to be sound. Net equity exceeded €1 billion for the first time (€1.055 billion, up €172 million from 2023), EBITDA stood at more than €323 million, EBIT totalled €236 million and net profit surpassed €200 million.

Commenting on the consolidated financial results, Chairman Paolo Mongardi described 2024 as “a solid year that went beyond expectations. SACMI’s forward-thinking strategy rests on solid foundations and fully embraces the global drivers of digitalization and sustainability.”

In parallel with the expected slowdown in the ceramic sector caused by international tensions and the sluggish global construction market, the Rigid Packaging, Advanced Technologies and Packaging & Chocolate sectors all performed excellently, driven by highly dynamic markets receptive to innovation.

Investment remained consistently high in 2024 at €71 million, in line with the previous year, with a strong focus on innovation (with 276 new patent applications in 2024 alone and more than 6,200 in total throughout the Group’s history) and training (more than 94,000 hours).

At the same time, SACMI reaffirmed its role as a key player in the manufacturing industry’s ecological transition. In 2024, the company introduced innovative thermal processes (including electric kilns and dryers for the ceramic industry), process control solutions (thanks to its acquisition of a majority stake in Italvision) and new eco-friendly standards, processes and materials in the packaging sector.

“Sustainability is the key to future competitiveness,” Mongardi explained. “We continue to invest in people and in the values that have always guided SACMI’s worldwide success.”

This commitment to sustainability was also evident in terms of corporate governance. SACMI brought forward compliance with the new European Corporate Sustainability Reporting Directive (CSRD) to 2024 and launched its first Group Sustainability Plan, an ambitious project that sets out clear actions and goals along the entire value chain, from suppliers to local communities.

In the sphere of ESG, SACMI has intensified its monitoring of indirect emissions deriving from the use of its equipment, reaffirming its commitment to an approach focused on eco-design and the entire product life-cycle to achieve genuinely circular processes and reduced impacts. Self-generated energy from renewable sources has also increased (2.6 million kWh) with the goal of progressively decarbonising its production facilities.

As of year-end 2024, the Group employed a total of 4,756 people, with more than 50% of new hires under the age of 30 and a strong focus on partnerships with universities and research institutions. SACMI also maintained close ties with local communities, with 90% of its supply chain consisting of local suppliers. Over the past three years it has donated €2.4 million to support healthcare, education, safety, inclusion, sports and cultural projects.