IMA Group reports strong growth in revenues, margins and profits

IMA Group is continuing its growth trajectory. The world-leading producer of automatic packaging machinery posted consolidated revenues of €331.6 million in the first quarter of 2018, 12.6% up on the €294.4 million to 31 March 2017. EBITDA rose by 12.2% (€33.2 million) and pre-tax profits by 10.1% (€18.6 million). The Group’s consolidated order book reached €977.4 million, 14.3% up on the €855.3 million to 31 March 2017, thanks to the successful conclusion of numerous negotiations in all business areas and consequent 15.3% growth in order acquisition with respect to the same period the previous year. The IMA Group is forecasting revenues of around €1.55 billion in 2018 and gross operating margin of around €250 million.    

“The current year’s targets may be achieved thanks to organic growth and recent acquisitions aimed at expanding the Group’s product range and increasing its value,” commented Alberto Vacchi, Chairman and CEO of IMA. “At the forthcoming edition of Ipack-Ima, IMA will be presenting new solutions for the tea, coffee, dairy, food and cosmetics industries in keeping with the commitment to innovation that has always been one of the Group’s distinguishing features.”