(Finance) – Sabaf ended 2024 with consolidated sales revenues preliminary figures normalized to 277 million euros, 15.9% higher than 2023 (+10.2% on a like-for-like basis, i.e. excluding, for the first half of 2024 only, the contribution deriving from MEC, a US company based in Mansfield – Ohio – of which Sabaf acquired 51% in July 2023).
It is, historically, the highest level of revenues achieved by the Group, the company underlines in a note, a figure that acquires particular value if we consider the continuation of the phase of weakness of the household appliances market.
The prospects for 2025 are positive: orders received in the first weeks of the year show double-digit growth compared to 2024 and foreshadow an excellent first quarter.
The final results for 2024 will be communicated on March 25th, the date on which the meeting of the Board of Directors called to approve the consolidated financial statements is scheduled.