2017 revenues for Italian ceramic tiles · 2018-11-16 · sented the results of its 2017...

$: 2017 revenues for Italian ceramic tiles · 2018-11-16 · sented the results of its 2017 Sta-tistical Surveys covering the san-itaryware, tableware, refractory materials and tile$
40Tile International 2/2018

At its Annual General Meeting on 6 June, Confindustria Ceramica pre-sented the results of its 2017 Sta-tistical Surveys covering the san-itaryware, tableware, refractory materials and tile segments of the Italian ceramic industry.The 145 ceramic tile manufactur-ers operating in Italy produced a total of 422 million sq.m of ceramic tiles (+1.6%) in 2017. They sold 83.7 million sq.m (+1.1%) of these in Ita-ly, and the remaining 338.2 million sq.m (+1.9%) on export markets. Despite the year-on-year increase, sales in Italy were still less than half of their pre-crisis levels. The total revenues of ceramic manufacturers operating in Italy reached 5.5 billion euros (+2.4%), of which 4.7 billion euros (+2.5%) were generated by exports, and 842 million euros by sales in Italy.Investments – primarily in Industry 4.0, technologies for the produc-tion of large formats and produc-tion plant upgrades – increased for the fourth year running, to 514.9 million euros (+28.6% on 2016; 1.8 billion over the five-year period), amounting to 9.3% of annual rev-enues, which is a higher level than in any other manufacturing indus-try in Italy.Meanwhile, 15 foreign-regis-tered companies, controlled by 8 Italian ceramic manufactur-ing groups, produced 87 million sq.m of tiles (+0.8%), generating total revenues of 862.1 million eu-ros (+0.8%), made up of 469.9 mil-lion euros of sales on the European

market (-0.9%; 54.5% of total revenues) and 392.2 million euros of sales on the North American markets (+2.9%). 79.9% of total revenues were generated by sales within the country of production.

"The ceramic tile industry has consolidated its struc-ture," explained Vittorio Borelli, the outgoing Chair-man of Confindustria Ce-

ramica, "against a backdrop of strong investment in new technologies aimed at re-taining global leadership in a market that is increasingly competitive but is still show-ing strong global demand for our products. In terms of revenues, after 10 years, we have finally climbed back up to the pre-crisis levels re-corded in 2008, although we now produce and sell

about 80 million square me-ters less, mainly due to falling demand on the domestic market. Italy's construction industry, which has lost half of its business volumes since the start of the crisis, is re-porting medium-term aver-age growth of of 1.5% per year, on the back of up-swings in all segments. Fore-casts for the rest of Europe point to slower growth than

Economy & markets

2017 revenues for Italian ceramic tiles

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Italian Ceramic Tile Industry: 2017/2016 Var. %

2015 2016 2017 Var. %

Companies (number) 150 147 145 -1.4

Employees (number) 19,143 18,956 19,515 2.9

Production (millions sq.m) 394.8 416.0 422.0 1.6

Total Sales (million sq.m) 396.9 414.5 421.9 1.8

… of which Italy 80.3 82.8 83.7 1.1

… of which exports 316.6 331.7 338.2 1.9

Investments (million Euros) 351.3 400.4 514.9 28.6

Total revenues (million Euros) 5,117.00 5,417.10 5,500.00 2.4

… of which Italy 799.0 828.8 842.0 1.6

… of which exports 4,318.00 4,588.30 4,700.00 2.5

Production internationalization: 2017/2016 Var. %

2015 2016 2017 Var. %

Companies (number)

controlled by 9 Italian Groups 16 16 15 -6.3

Employees (number) 3,091 3,283 3,138 -4.4

Production (million sq.m) 82.3 85 87 0.8

Total revenues (million Euros)of which 79,5% from sales within the same Country of production

792.2 855.6 862.1 0.7

Economy & markets

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in 2017, while a more vigor-ous upturn is expected in the United States. As for the newer markets, there's no doubt that the brightest prospects are to be seen in the Gulf states, fol-lowed by Eastern Europe."

In keeping with its annual tra-dition, TILE INTERNATIONAL has collected the 2017 reve-nues of Italy's biggest ceram-ic manufacturers, in order to compile a league table of ex-cellence. As usual, we start off with the results of Mohawk In-dustries Inc., but keep them separate from the league ta-ble. Since its acquisition of Marazzi Group in 2013, the Mohawk Group has been the world's largest ceramic tile manufacturer, and acquired a 100% stake in Emilceramica in 2017, also through Marazzi.Let's take a look at the 2017

league table of revenues of It-aly's biggest manufacturers.

There's no change in the rankings of Italy's top six tile manufacturing groups with revenues of over 200 million euros. Although we don't have access even to its 2016 data, Concorde Group undoubtedly takes first place, having already reached revenues of 726.9 million euros in 2015.

Iris Ceramica Group re-mains in second place, with turnover of 590 million euros in 2017 (+11.3% on the pre-vious year).

Finfloor Group takes third place, with consolidated revenues of 424.8 million eu-ros (+4.4%).

Panariagroup, a stock-mar-ket-listed company with op-erations in the US market,

which accounted for 35% of the group's to-tal revenues in 2017, achieved its highest per-formance with its Eu-ropean Business Units (Italy +6.0% and Portu-gal +9.6%). Fifth place goes to Casalgrande Padana, which manu-factures exclusively in It-aly and generated rev-enues of 265.1 million euros in 2017 (-4.8%).

Sixth place goes to Co-operativa Cerami-ca d'Imola, which also manufactures exclu-sively in Italy and ended the year with revenues of 244.8 million euros, down slightly on the pre-vious year.

In the middle order, made up of compa-nies with revenues of

GIOVANNI SAVORANI ELECTED NEW CHAIRMAN OF CONFINDUSTRIA CERAMICA FOR 2018-2020

The annual general meeting of Confindustria Ceramica, held at the as-sociation's headquarters in Sassuolo on 6 June, voted unanimously (except for two voting cards left blank) to elect Giovanni Savorani as its Chairman for the two-year term 2018-2020. Born 69 years ago in Faenza, in the Ita-lian province of Ravenna, Giovanni Sa-vorani is married and has two children. After taking an advanced technical di-ploma course at the Istituto Stata-le d'Arte per la Ceramica in Faenza in 1968, he worked as Plant Manager for an industrial company for seven years before becoming Technical Manager of CAST, where he worked for 10 years as from July 1977. In April 1987 he joined Cooperativa Ceramica d'Imola as Plant Manager at the Borgo Tossignano faci-lity. In June 1990 he joined Sacmi Imo-la as Sales Director, a role he held un-til November 1994, when he moved to Ceramiche La Faenza as General Ma-nager. 10 years later, in May 2005, he was appointed General Manager of Co-operativa Ceramica d'Imola. In July 2006 he started his career as an entre-preneur by founding Gigacer SpA, whe-re he has been Chairman of the Board of Directors since the company's for-mation. At Confindustria Ceramica, Gio-vanni Savorani has been a member of the General Council since 2013 and is a member of the Technical Standards Committee. He also represents the As-sociation at the General Meeting of the Ceramic Centre.

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of 25.7% in 2016, Rondine Group continues to record consistently strong perfor-mance, and now generates revenues in excess of 110 million euros.

The revenues of Piemme and Gruppo Romani re-mained stable in 2017, as did their respective posi-tions in the rankings.

Of the smaller companies, with revenues of less than 100 million euros in 2017, Laminam is the star per-former, with year-on-year turnover growth of 36.0% and 25.0% in 2016 and 2017 respectively.

Ceramica Fondovalle was another strong performer, with year-on-year turnover growth of 23.9% in 2016, fol-lowed by a further 9.1% in 2017.

Polis also deserves cred-it, having added a further 1.8% to the outstanding growth it achieved in 2016 (+21% on 2015).

Italcer, the Group head-ed by Graziano Verdi, ac-quired La Fabbrica in 2017 (with 2016 revenues of 41.9 million euros) and generat-ed consolidated turnover of 82.2 million euros (+48.7% on the previous year) in conjunction with AVA and Elios Ceramica. At the end of 2017, Italcer also signed an agreement for the ac-

Economy & markets

between 200 and 100 mil-lion euros, first place goes to Del Conca. With revenues of 168.5 million euros in 2017, Del Conca overtakes the Ricchetti Group, which reported revenues of 162.2 millions euros, down 1.8% on 2016. Gresmalt reported the biggest increase in turn-over in 2017, with a year-on-year rise of 12.8%.

ABK Group also put in a strong performance, with a year-on-year increase of 5.8%. ABK Group also re-cently signed an agree-ment with Capital For Pro-gress 2 (CFP 2), aimed at floating the company on the AIM Italia market of the Italian Stock Exchange by the end of January 2019.

For the fifth year running, and after achieving year-on-year turnover growth

LATEST NEW:QUATTROR ACQUIRES CONTROL OF CERAMICHE RICCHETTI

QuattroR will set up a NewCo to acquire the controlling stake owned by the Zannoni family. New investments of up to 40 million euros are plan-ned. The fund QuattroR, an asset management company whose investees in-clude Cdp, Inail, Inarcassa and Cassa Forense, is set to acquire control of Ceramiche Ricchetti, a company founded in 1960 and still indirectly con-trolled by the Zannoni family with a total share of 62.4%. Andrea Moran-te, chairman of QuattroR, believes it is a solid company with good turna-round potential.After setting the share price at 0.215 euros, the decision was taken to set up a NewCo to acquire the controlling stake and the receivables deriving from loans from shareholders and related parties. The NewCo will be controlled by QuattroR, while Fincisa and Ceramiche Industriali di Sassuolo e Fiorano will co-invest while maintaining an indi-rect minority stake in Ceramiche Ricchetti. Under the terms of the agreement, the parties undertake to invest up to 40.45 million euros in the company through the NewCo “according to its performance and the needs of the new business plan currently under preparation”. The current mana-gement will stay on, including CEO Maurizio Piglione and ge-neral manager Matteo Davoli, who will be given the option to co-invest in the company throu-gh an incentive plan.

42Tile International 2/2018

MARAZZI - DAL TILE MOHAWK INDUSTRIES, Inc USD 3,405 million (2017: consolidated, Global Ceramic division only)

2012: USD 1,616 million - 2013: USD 2,677 million - 2014: USD 3,015 million2015: USD 3,013 million - 2106: USD 3,175 million

These revenues were generated by the following companies and/or brands:

• MARAZZI (All markets) • RAGNO (All markets)• EMILGROUP (All markets) • DAL-TILE (North America)• AMERICAN OLEAN (North America) • KERAMA MARAZZI (Russia)• KAI GROUP (Bulgaria and Romania)

Production 215/235 million sq.m (Mohawk Ind. production capacity: Tile International 2017

estimate)Internationalisation North/South America-Europe-Russia-AsiaEmployees 38,800

CONCORDE GROUP € 726.9 million* * The published data relate to 2015, originate from public sources and include only the group’s Italian brands

2003: € 378.2 million - 2004: € 425.9 million - 2005: € 525.0 million - 2006: € 581.0 million2007: € 651.0 million - 2008: € 669.0 million - 2009: € 544.0 million - 2010: € 551.3 million2011: € 567.8 million - 2012: € 573.8 million - 2013: € 611.8 million - 2014: € 683.8 million


• CERAMICHE ATLAS - CONCORDE (Atlas Concorde - Keope - Supergres): € 277.4 million• MIRAGE GRANITO CERAMICO: € 142.7 million• CERAMICA CAESAR (Caesar - Fap - Minerva): € 153.8 million• CERAMICA MARCA CORONA: € 74.0 million• CERAMICA REFIN: € 79.0 million Internationalisation 2 facilities in Europe (1 in France, 1 in Russia)

*The consolidated figure does not include the revenues of: Novoceram (France), Italon (Russia), Meta (ceramic body), Svimisa (raw materials).

IRIS CERAMICA GROUP € 590.0 million (consolidated)

2012: € 420.0 million - 2013: € 440.0 million - 2014: € 450.0 million2015: € 480.0 million - 2016: € 530.0 million

These revenues were generated by the following brands: »»

2017 TURNOVERS:

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Economy & markets

quisition of Devon&Devon. Lastly, the Gold Art Ceramica Group was

split into two separate companies - Gold Art Ceramica SpA and Tuscania Spa – making it impossible to make any useful comparison between 2017 and 2016.

As always, TILE INTERNATIONAL set a cut-off point of around 30 million euros of annual turnover for inclusion in its survey. 5

CONFINDUSTRIA CERAMICA'S OTHER STATISTICAL SURVEYS

At its annual general meeting on 6 June, Con-findustria Ceramica also presented the results of its Statistical Surveys covering the ceramic sanitaryware, tableware and refractory mate-rials sectors.

2017 was a good year for Italy's ceramic sa-nitaryware sector, whose 33 companies (30 of which are based in the Civita Castellana cluster) reported growth in both production and revenues (353.3 million euros) of 4.5% and 6.1% respectively, while also increasing their exports, which accounted for 45% of their total turnover. Employment levels in the sector remained stable.

Italy's 34 manufacturers of refractory ma-terials reported total revenues of over 350 million euros, in line with 2016. Sales rose slightly in Italy (+1.1%), fell in the Europe-an Union (-12.4%) and saw a 10.4% increa-se in the rest of the world. Although revenues were in line with the previous year, volumes sold were down slightly (-3.7%). There was also an 8% fall in the number of people em-ployed in the sector compared with the pre-vious year.

Italy's 10 manufacturers of tableware saw a 7.5% rise in production in 2017 and a 6.2% rise in turnover, to over 50 million euros, with domestic sales accounting for 77% of the total.



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• FIANDRE Architectural Surfaces • IRIS CERAMICA• FMG, Fabbrica Marmi e Graniti • SAPIENSTONE • ARIOSTEA • EIFFELGRES• PORCELAINGRES (Germany) • STONEPEAK CERAMICS (USA) • GRANITECH • TECHNORIUNITE• MATIMEX • ARCAREL• TECNOMIX • LA CERAMICA

Production 25.0 million sq.m (floor tile 95% - wall tile 5%)Internationalisation 2 facilities: Stonepeak Ceramics (USA) and

Porcelaingres (Germany) Exports 85%Employees 1,600

FINFLOOR GROUP € 424.8 million (consolidated)

2003: € 286.3 million - 2004: € 308.1 million - 2005: € 343.7 million 2006: € 355.2 million - 2007: € 343.4 million - 2008: € 330.6 million2009: € 259.7 million - 2010: € 273.8 million - 2011: € 304.6 million 2012: € 315.3 million - 2013: € 325.8 million - 2014: € 329.5 million2015: € 374.1 million - 2016: € 406.8 million

These revenues were generated by the following brands:

• FLORIM CERAMICHE SpA (Floor Gres, Rex, CEDIT - Ceramiche d'Italia, Casa Dolce Casa -

Casamood, Cerim, FLORIM stone) • FLORIM USA Inc.

Production 30 million sq.mInternationalisation 1 factory in Tennessee (USA); 2 logistic centres,

1 in Georgia (USA) and 1 in Paraná (Brazil)Exports 79% - data calculated based on the business

carried out directly by the group, excluding the revenue generated by third party production

Employees 1,486

PANARIAGROUP € 384.6 million (consolidated)* * The published data originate from public sources

2003: € 212.4 million - 2004: € 235.5 million - 2005: € 247.2 million2006: € 351.5 million - 2007: € 354.4 million - 2008: € 328.0 million2009: € 289.9 million - 2010: € 285.2 million - 2011: € 294.1 million2012: € 280.8 million - 2013: € 273.0 million - 2014: € 290.7 million2015: € 342.9 million - 2016: € 377.0 million

These revenues were generated by the following brands: • PANARIAGROUP INDUSTRIE CERAMICHE

(Panaria Ceramiche, Lea Ceramiche, Cotto d'Este, Fiordo, Blustyle)• GRES PANARIA PORTUGAL

(Margres, Love Ceramic Tiles)• PANARIAGROUP USA Inc.

(Lea North America, Florida Tile)

Internationalisation 2 facilities in Portugal and 1 in the United States Employees over 1,600 Panariagroup, a stock-market listed ceramic manufacturer, closed 2017

with gross operating profit of €42.7 million (+4.7% on 2016) and net income from sales of €384.6 million (+2% on 2016).The Group’s European Business Units reported excellent results in 2017 (BU Italy + 6.0 %, BU Portugal +9.6 %), while its American Business Unit reported a fall in revenues, partly as a result of the weakening of the dollar against the euro. The US market accounted for 35% of overall revenues.The Group continued its programme of investment in innovation over the course of 2017. The most substantial investment went into the Portuguese Business Unit, with the installation of a complete new line for the production of traditional large-format porcelain tile at the Aveiro plant. The Italian Business Unit continued to invest in its Fiorano Modenese plant, with the installation of new finishing lines to enable the company to extend its offering of laminated porcelain tile. A good share of the investments made in the Group’s Italian plants went into equipment whose technical features are fully in line with Industry 4.0 standards.Further investments are scheduled over the course of 2018, some of which will go into implementing interconnectivity. The American Business Unit also made investments in its Lawrenceburg site, most of which were channelled into setting up a new research laboratory tasked with developing new product ranges.

CASALGRANDE PADANA € 265.1 million (consolidated)


The Group's turnover was generated by the following brands:

• CASALGRANDE PADANA SpA• NUOVA RIWAL CERAMICHE (Alfa Lux, Saime)

Production 23.4 mil. sq.m (floor tile 100% - produced in Italy)Exports 80%Employees 1,049

COOP. CERAMICA D'IMOLA GROUP € 244.8 million (consolidated)


These revenues were generated by the following brands:• IMOLA TILES FULL OF LIFE

• LA FAENZA TILE WITH STYLE

• LEONARDO EVOLUTIONSTILE

Production 19.2 mill. sq.m (floor tile 93.3% - wall tile 6.7%)Exports 72.9%Employees 1,225 »»

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The Group invested 23.65 million euros in technology and production plants in 2017.

DEL CONCA GROUP € 168.5 million(net of infra-Group transactions)


These revenues (net of infra-group transactions) were generated by the following companies and/or brands:

• CERAMICA DEL CONCA SpA • DEL CONCA USA Inc.• CERAMICA FAETANO SpA (Rep. San Marino) • PASTORELLI SpA • PRODUCO Srl

Production 14.1 million sq.m (floor tile 96% - wall tile 4%)Internationalisation San Marino (Ceramica Faetano Spa) Loudon, Tennessee - USA (Del Conca USA)Exports 84%Employees 635

Del Conca’s logistics centre in Solignano, in the Italian province of Modena, has been fully operational since 2017.

RICCHETTI GROUP € 162.2 million (consolidated)* * The published data originate from public source

2003: € 306.4 million - 2004: € 291.6 million - 2005: € 281.3 million2006: € 282.3 million - 2007: € 271.0 million - 2008: € 241.0 million 2009: € 194.5 million - 2010: € 196.7 million - 2011: € 190.5 million2012: € 188.6 million - 2013: € 184.0 million - 2014: € 185.2 million2015: € 180.9 million - 2016: € 165.2 million Ceramiche Ricchetti Group includes the following companies:

• CERAMICHE RICCHETTI GROUP (Ricchetti - Cisa - Cerdisa) • KLINGENBERG DEKORAMIK GMBH (Germany)• CC HÖGÄNÄS BYGGKERAMIK AB (Sweden) • CINCA SA (Portugal) • OY PUKKILA AB (Finland)

Production 8.2 million sq.m (floor tile 72% - wall tile 28%)Internationalisation facilities in Portugal and GermanyExports 91% Employees 1,070

GRESMALT GROUP € 132.2 million (consolidated)

2003: € 46.4 million - 2004: € 47.9 million - 2005: € 54.7 million2006: € 59.3 million - 2007: € 68.3 million - 2008: € 65.0 million 2009: € 63.4 million - 2010: € 67.0 million - 2011: € 74.1 million 2012: € 80.2 million - 2013: € 83.8 million - 2014: € 88.3 million2015: € 100.4 million - 2016: € 117.2 million »»


• CERAMICHE GRESMALT • ABITARE LA CERAMICA• SINTESI CERAMICA ITALIANA • FRASSINORO CERAMICHE

Production 13.9 million sq.m (floor tile 100%)Exports 80%Employees 358

RONDINE GROUP € 110.2 million (consolidated)



• RONDINE SpA • CERAMICA SADON• SPRAY DRY (ceramic bodies)

Production 7.5 mil. sq.m (floor tile 90% - wall tile 10%) Exports 67%Employees 268 (of which 23 of Spry Dry)

The Group’s output in 2017 included 365,100 tonnes of ceramic body under the Spray Dry brand.

ABK GROUP € 110.0 million (consolidated) 2003: € 78.9 million - 2004: € 80.6 million - 2005: € 87.9 million2006: € 92.5 million - 2007: € 102.2 million - 2008: € 105.1 million2009: € 90.1 million - 2010: € 89.0 million - 2011: € 83.0 million2012: € 74.0 million - 2013: € 77.0 million - 2014: € 85.0 million2015: € 94.0 million - 2016: € 104.0 million


• ABK • ARIANA• FLAVIKER • CASA TUA• HARDKOLL

Production 6.0 million sq.m (floor tile 95% - wall tile 5%)Exports 70%Employees 403

ABK Group set up a new lapping department and installed an innovative system of anthropomorphic arms to handle large-format panels.

INDUSTRIE CERAMICHE PIEMME € 104.0 million

2008: € 89.5 million - 2009: € 71.6 million - 2010: € 80.3 million2011: € 80.4 million - 2012: € 79.9 million - 2013: € 85.1 million2014: € 92.0 million - 2015: € 96.3 million - 2016: € 104.0 million »»


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• CERAMICHE PIEMME • VALENTINO

Production 7.7 million sq.m (floor tile 98.4% - wall tile 1.6%)Exports 87%Employees 357

Piemme’s corporate repositioning plan continued in 2017, with investments in communication, marketing and sales network development. The company also invested 2.4 million euros in upgrading its logistics systems and increasing the efficiency of its production.

GRUPPO ROMANI SPA IND. CERAMICHE € 103.75 million (consolidated)

2003: € 75.1 million - 2004: € 85.0 million - 2005: € 94.1 million2006: € 100.4 million - 2007: € 105.0 million - 2008: € 104.0 million2009: € 92.8 million - 2010: € 100.3 million - 2011: € 117.0 million2012: € 109.2 million - 2013: € 102.5 million - 2014: € 101.3 million2015: € 102.6 million - 2016: € 103.4 million These revenues were generated by the following brands:

• SERENISSIMA • CIR• CERCOM • CERASARDA• EXE • ISLA TILES Production 7.2 million sq.m (floor tile 100%)Exports 67%Employees 421

LAMINAM € 85.0 million (consolidated)

2010: € 18.5 million - 2011: € 25.0 million - 2012: € 24.1 million2013: € 29.8 million - 2014: € 39.4 million - 2015: € 50.0 million2016: € 68.0 million

A new LaminamRus plant came on-stream in the Vorsino Industrial Park in Russia in March 2017.The plant has 14,000 sq.m of floor space and production capacity of 1 million sq.m of large-format porcelain panels per year, in size 1000x3000mm with thicknesses of 3 and 5 mm.

ITALGRANITI GROUP € 81.6 million

2011: € 81.1 million - 2012: € 77.4 million - 2013: € 68.7 million2014: € 73.3 million - 2015: € 71.8 million - 2016: € 79.0 million


• ITALGRANITI• IMPRONTA


FINCIBEC GROUP € 81.3 million (consolidated)

2003: € 93.8 million - 2004: € 98.8 million - 2005: € 96.8 million2006: € 100.2 million - 2007: € 99.8 million - 2008: € 85.2 million2009: € 68.0 million - 2010: € 70.8 million - 2011: € 70.6 million 2012: € 67.3 million - 2013: € 69.0 million - 2014: € 71.5 million2015: € 71.5 million - 2016: € 77.4 million

The Group's turnover was generated by the following brands:

• FINCIBEC • MONOCIBEC• NAXOS • CENTURY

Production 5.6 mil. sq.m (floor tile 75% - wall tile 25%)Exports 70%Employees 374

ITALCER SPA € 81.2 million


• LA FABBRICA• AVA• ELIOS CERAMICA


Over the course of 2017, Italcer, which is controlled by the private equity fund Mandarin Capital and headed by Graziano Verdi, acquired La Fabbrica SpA and took over 100% ownership of Elios Ceramiche and Elle Ceramica from the Levoni family.At the end of the year, moreover, Italcer signed an agreement for the full acquisition of the Florence-based company Devon&Devon, a world-class manufacturer of top-end bathroom furnishings, owned by Gianni Tanini.

COEM € 75.3 million



• CERAMICHE COEM• CERAMICA FIORANESE

Production 7.1 million sq.mExports 68.3%Employees 273

Coem continued to invest in plant upgrades aimed at increasing and improving its production and customer service. The company’s output includes 2.4 million sq.m of tile manufactured for subsequent glazing.

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GOLD ART CERAMICA SPA € 70.7 million


• ENERGIEKER

Production 8.5 million sq.m (floor tile 90% - wall tile 10%)Exports 50%Employees 240

The ceramic group Gold Art Ceramica SpA split up in 2017, and now consists of the Energieker brand only.

ASCOT GROUP € 70.3 million

2003: € 51.5 million - 2004: € 55.0 million - 2005: € 56.0 million 2006: € 61.5 million - 2007: € 66.0 million - 2008: € 63.0 million2009: € 52.0 million - 2010: € 59.0 million - 2011: € 62.6 million2012: € 58.7 million - 2013: € 59.7 million - 2014: € 62.4 million2015: € 63.3 million - 2016: € 68.1 million


• ASCOT • DOM

Production 6.2 mil. sq.m (floor tile 70% - wall tile 30%)Exports 84% - data calculated based on the business

carried out directly by the group, excluding the revenue generated by third party production

Employees 272

Ascot channelled its most significant technical investments into doubling the number of cutting and edge-grinding lines at its disposal, installing new digital glazing machines and modernising its production lines, in order to increase productivity.

OPERA GROUP € 70.0 million



• OPERA • BELL'ITALIA

Production 11.6 mil. sq.m(floor tile 88% - wall tile 12%)

Exports 52%Employees 229

GAMBINI GROUP IND. CERAMICHE € 70.0 million (consolidated)* *The published data refer to 2016

2003: € 70.4 million - 2004: not received - 2005: € 72.3 million »»

2006: € 66.0 million - 2007: € 77.0 million - 2008: € 65.7 million2009: € 64.2 million - 2010: € 67.7 million - 2011: € 70.2 million2012: € 67.7 million - 2013: € 67.0 million - 2014: € 67.0 million2015: € 70.0 million


• EPOCA • ELLE-GI CERAMICHE • CERAMICHE TEMPRA • MEG (France) • PAREFEULLE (France)

Production 10.0 mil. sq.m (floor tile 90% - wall tile 10%)Internationalisation Meg and Parefeuille (France)Exports 86%Employees 315

CERAMICA SANT’AGOSTINO € 62.0 million

2003: € 61.7 million - 2004: € 71.3 million - 2005: € 73.0 million2006: € 80.0 million - 2007: € 80.7 million - 2008: € 68.3 million 2009: € 66.0 million - 2010: € 65.4 million - 2011: € 63.5 million2012: € 51.4 million - 2013: € 55.8 million - 2014: € 55.8 million2015: € 56.0 million - 2016: € 60.9 million

Production 3 mil. sq.m (floor tile 85% - wall tile 15%)Exports 70%Employees 323

POLIS MANIFATTURE CERAMICHE € 60.6 million


Production 3.6 mil. sq.m (floor tiles 100%)Exports 80% Employees 263

CERAMICHE CCV CASTELVETRO € 60.2 million* *The published data refer to 2016 and originate from public sources

2003: € 54.8 million - 2004: € 56.1 million - 2005: € 47.4 million2006: € 52.0 million - 2007: € 55.7 million - 2008: € 47.9 million2009: € 39.1 million - 2010: € 42.8 million - 2011: € 41.6 million2012: € 40.0 million - 2013: € 40.3 million - 2014: € 51.0 million2015: € 56.7 million

Production 3.3 mil. sq.m (floor tile 100%)Exports 88%Employees 168

NOVABELL CERAMICHE ITALIANE € 51.0 million

2003: € 41.1 million - 2004: € 44.3 million - 2005: € 45.6 million »»


Economy & markets

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2006: € 47.0 million - 2007: € 48.0 million - 2008: € 46.0 million2009: € 39.0 million - 2010: € 41.5 million - 2011: € 41.5 million2012: € 44.5 million - 2013: € 50.0 million - 2014: € 49.1 million2015: € 51.9 million - 2016: € 52.5 million


• NOVABELL • ABITA


GRANITOFORTE € 44.4 million* *The published data refer to 2016 and originate from public sources

2010: € 35.4 million - 2011: € 34.0 million - 2012: € 34.6 million2013: € 36.5 million - 2014: € 39.5 million - 2015: € 43.3 million

CERINDUSTRIES € 43.6 million (consolidated)* *The published data refer to 2016 and originate from public sources

2003: € 61.0 million - 2004: € 68.7 million - 2005: € 65.5 million2006: € 67.0 million - 2007: € 75.0 million - 2008: € 58.0 million2009: € 50.3 million - 2010: € 52.0 million - 2011: € 47.0 million2012: € 50.3 million - 2013: € 48.0 million - 2014: € 44.8 million2015: € 42.6 million


• CERDOMUS • L’ASTORRE • PORCELLANA DI ROCCA

TUSCANIA SPA € 45.6 million


• COTTO TUSCANIA• IL CAVALLINO CERAMICA ARTISTICA• CMC CERAMICA MANDRIO CORREGGIO

Production 6 million sq.m (floor tile 73% - wall tile 27%)Exports 55%Employees 196

Following the split-up of the Gold Art Ceramica Group, Tuscania SpA and CMC Ceramica Mandrio Correggio have been filing separate financial statements since 2017.

SICHENIA CERAMICHE GR. € 37.1 million (consolidated)

2003: € 70.2 million - 2004: € 72.6 million - 2005: € 73.3 million 2006: € 75.1 million - 2007: € 70.2 million - 2008: € 67.1 million 2009: € 54.0 million - 2010: € 53.0 million - 2011: € 51.7 million 2012: € 40.6 million - 2013: € 32.2 million - 2014: € 26.9 million2015: € 28.5 million - 2016: € 38.7 million »»


• SICHENIA • PHORMA

Production 3.2 mill. sq.m (floor tile 90% - wall tile 10%)Employees 200

CERAMICA FONDOVALLE € 32.8 million



• FONDOVALLE • MY TOP

Production 1.45 mil. sq.mExports 65.6%Employees 108

Over the course of 2017/2018, Fondovalle plans to invest a total of over 20 million euros in production and logistics, of which 15 million had already been invested by 31/12/2017. The company invested 2 million euros in R&D in financial year 2017.

SAVOIA ITALIA € 31.5 million

2008: € 35.6 million - 2009: € 33.6 million - 2010: € 35.0 million2011: € 31.1 million - 2012: € 31.1 million - 2013: € 28.2 million2014: € 28.0 million - 2015: € 31.3 million - 2016: € 29.7 million


• SAVOIA • ALCO


ALTAECO SPA € 27.8 million

2003: € 50.2 million - 2004: € 51.2 million - 2005: € 51.2 million 2006: € 53.6 million - 2007: € 55.0 million - 2008: € 48.3 million 2009: € 39.7 million - 2010: € 42.5 million - 2011: € 42.5 million 2012: € 36.6 million - 2013: € 33.4 million - 2014: € 30.2 million2015: € 28.6 million - 2016: € 28.3 million


• CERAMICA VOGUE • APPIANI• CERAMICA BARDELLI • GABBIANELLI

Production 1.5 million sq.m (floor tile 67%- wall tile 33%)Exports 48%Employees 306 5

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2017 revenues for Italian ceramic tiles · 2018-11-16 · sented the results of its 2017...

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