IMA posts revenues in excess of €1.4 billion

IMA Group is continuing its growth performance, closing 2017 with consolidated preliminary revenues of €1,444.7 million, 10.2% up on the €1,310.8 million registered in the year to 31 December 2016.

The group also posted a significant increase in EBITDA, which grew 15.7% year-on-year to reach €207.3 million (compared to €179.2 million to 31 December 2016), while the consolidated order book expanded to €866.8 million (13.1% higher than the €766.2 million recorded to 31 December 2016).

The estimates made at the end of 2017 point to further growth in 2018 thanks to strong sales of automatic machinery and complete lines to key sectors.

Alberto Vacchi, Chairman and CEO of IMA, commented: “We are very pleased with these results, which have exceeded our targets and once again confirm the strength of the IMA brand, the solidity of the Group and our ability to pursue our goals and achieve sustainable growth based on digital and product innovation.”