SDF archives record results in 2022

SDF archives record results in 2022

(Tiper Stock Exchange) – SDFan Italian multinational based in Treviglio (BG), one of the world leaders in the production of tractors, agricultural harvesting machines and diesel engines, closed the 2022 financial year withn revenues of 1,803 million euros, up 22% compared to the 1,481 million euros in 2021 and by 42% compared to the 1,268 million euros in 2019, the pre-pandemic year. A has been achieved historic high also for Ebitdawhich in 2022 reached 199 million, equal to 11.1%, an increase compared to 10.8% in 2021.

The significant growth in turnover recorded in 2022 – explains the company – is the result of strategic plan 2020-2025 focused oninnovationfor the production of increasingly technologically advanced tractors and agricultural machines, a di una greater penetration on non-European marketswhich today represent 37% of sales, and the introduction and use of digital tools for increasingly efficient and shared company management.

There financial position clear it closed with a debt of 75 million euros, down by 47 million euros compared to the previous year (-38%). This value confirms the best evaluation parameters of financial solidity in 2022.

The launch of new productssupported by effective commercial strategies and management, has allowed SDF to grow significantly in Europewhere revenues reached 1,132 million euros (+16% on 2021), and to monitor the non-European marketsparticularly in China and Turkey, where the company operates with dedicated production plants.

The drive towards innovation has been supported by investments in research and development, amounting to 60 million euros in 2022, or 3.3% of revenues, for the creation of new products, digitization and the implementation of new technologies for precision agriculture.

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