ITALY - Italian woodworking machinery manufacturer Biesse, one of the global leaders, reported first half 2015 consolidated revenues of € 245.5 million (+22.1% compared to the same period of 2014), an of € 28.9 million increase (+70.7% compared to the same period of 2014). For the first semestrer 2015 EBITDA margin on revenues was 11.8% (8.4% in the same period 2014), while net profit reached € 10.5 million (+166.7% compared to the same period of 2014). 

“The figures for this semester are quite positive”, commented the Executive Director Mr. Stefano Porcellini, “And we are, therefore, very satisfied that this year (2015) is emerging as a record year for the Group turnover. The above is happening despite the economic and political instability in various parts of the world, which makes growing the business difficult: Brazil, Russia and North Africa remain weak whilst there are worries from the Chinese financial markets turbulences that could have an impact on the real economy in the whole Asia. In the second half –Mr Stefano Porcellini continues- we will perform well due to the excellence of our people, products and services.  The considerable investments made in innovation, quality, sales network and marketing over the last two years are giving the expected results.”   

Biesse Results January - June

Million EUR