Margin, profit, investments: 2018, a brilliant year for the Feralpi Group
The Feralpi Group grows stronger and evolves. The positive trend is underlined by “numbers” that the steel group, one of the leaders in Europe in the production of construction steels and special steels, made in 2018. The growth in production volumes is accompanied by an increase in turnover, profit and margin. These results derive from a process of business internationalization, diversification and verticalization, combined with an acceleration of investments tied to digital transformation, the definition of new circular economic models and the increase of internal knowledge gained by intense training activity.
Feralpi Holding’s 2018 * consolidated financial statements include revenues of 1,320 million euros compared to 1,199 million in 2017. The 2018 consolidated results therefore show a strong increase in turnover (+ 10.1%). A strong international propensity is confirmed with a 62% share of turnover generated abroad.