Italian Ceramic Machinery State of the Industry Report 2017: Industry Sees Further Improvement in Financial Statement Indicators
The 2016 financial data for the Italian ceramic and brick machinery industry analysed by the Acimac Research Department – MECS reveal a further improvement in productivity and profitability. This further average improvement in management indices was set against a backdrop of strong growth in turnover that was maintained for the whole of 2016 and continues today, with turnover growth accelerating further to 18% on an annual basis. Italian turnover was boosted by government incentives as high as 60% (figures for first two quarters of 2017). The extremely favourable economic situation is