PRIMA INDUSTRIE'S YEAR-END RESULTS ARE HIGHLIGHTED BY IMPRESSIVE 4TH QUARTER
Collegno (TO), Italy - PRIMA INDUSTRIE S.p.A, a leader in high technology laser systems, sheet metal working system and electronic components for industrial applications, recorded in 2010 an order acquisition of 271.8 million Euros, with a growth of about 30% over 2009.
In particular, in the fourth quarter of the year, the order collection (83.6 million Euros) recorded an increase of over 40% against the same period in 2009. With a monthly average of 28.5 million Euros, this represents the best result ever for a quarter since mid-2008, before the worsening of the worldwide economic crisis.
During the last quarter of the year, the geographic breakdown highlights the considerable weight of China that represents about 11% of the amount collected (such amount would grow to 23% considering the orders acquired by the non-consolidated Chinese JVs), and the strong recovery of the North American market (about 26% of the total orders collected).
As remarked by Chairman and CEO, Gianfranco Carbonato: "It is a result that has a double positive value. The recovery of orders to the pre-crisis level for two months in a row is a very important signal of turnaround. Moreover, the fact that these orders are coming from new markets rewards our choice to further focus our presence in higher growth potential areas."
Therefore, the Group starts the year 2011 with a backlog of 82.3 million Euros, increasing by over 26% against 65.1 million Euros as of January 1, 2010.
PRIMA INDUSTRIE heads a leading Group in developing, manufacturing and marketing laser systems for industrial applications, sheet metal processing machinery and opto-electronic components. The parent company, PRIMA INDUSTRIE S.p.A, has been listed on the Italian Stock Exchange since 1999 (MTA-STAR segment). With over 30 years of experience, the Group can count on over 10,000 machines installed in more than 60 countries worldwide, and is among the main worldwide manufacturers in its own reference market.
The Group has 1350 direct employees (with 200 employees in the Chinese JVs) and manufacturing sites in Italy (PRIMA INDUSTRIE S.p.A, PRIMA ELECTRONICS S.p.A, FINN-POWER Italia Srl), Finland (FINN-POWER Oy), USA (PRIMA North America, Inc.) and China (Shanghai Unity Prima Ltd.), as well as commercial direct presence in France, Spain, Germany, UK, Belgium, Poland, Russia, USA, Canada, China and UAE. The PRIMA INDUSTRIE Group is structured on two business units:
Laser and Sheet Metal Processing Machines: including design, manufacturing and marketing of;
- Laser machines for cutting, welding and drilling of 2D and 3D components.
- Machines for sheet metal treatment by means of mechanical tools (punching machines, combined punching/shearing systems, combined punching/laser cutting systems, panel benders and automation systems).
Opto-electronic components: including development, manufacturing and marketing of power and control electronics, and of high power laser sources for industrial applications, destined to the Group machines and to third parties.
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