2020 consolidated preliminary sales at € 470.5 million
A very positive Q4 (+14%) pushes annual growth to 8.4% compared to 2019
Bagnolo in Piano (RE), 29 January 2021 – Emak S.p.A. (MTA, STAR parent company of one of world major groups working in the sectors of outdoor power equipment, pumps and water jetting, and of the related components and accessories, communicates preliminary consolidated revenues of 2020, not yet subject to auditing.
Despite a macroeconomic scenario heavily influenced by the Covid-19 pandemic, thanks to the flexibility guaranteed by the global presence of its logistics and production structures and the commitment of all collaborators, the Group was able to react promptly to the gradual recovery in demand, recording a continuous increase in sales as early as the second quarter.
The Group recorded consolidated revenues of € 470.5 million, an increase of 8.4% compared to € 433.9 million in 2019. With the same scope of consolidation, the increase in revenues would have been equal to 7.4%.