Gandhinagar / IN
Valencia / ES
Castellon / ES
Munich / DE
Nabaltec AG Confirms Preliminary Results for Q3 2021 with Increased Revenue Forecast for the Year as a Whole
In its 3/2021 quarterly report, Nabaltec AG/DE confirms the preliminary figures with consolidated revenue of EUR 140,6 million in the first nine months of 2021, corresponding to a gain of 18,3 % compared to the same period from the previous year (EUR 118,9 million). Quarterly revenue for the third quarter was EUR 46,7 million, up 25,9 % from the same period last year (EUR 37,1 million), when Nabaltec was hit hard by the effects of the pandemic. The operating profit (EBIT) in the first nine months of 2021 was EUR 17,0 million, compared to EUR 5,0 million in the same period of last year. The EBIT margin (EBIT as a percentage of total performance) was 12,3%. EBITDA was EUR 26,5 million in the first nine months of 2021, compared to EUR 16,4 million in the same period from the previous year (+61,6 %).
Ceramicolor, the Italian Association of Ceramic Glaze, Inorganic Pigment and Metal Oxide Manufacturers, confirms the serious concerns amongst sector companies about raw materials supply issues and the soaring energy and logistics costs, all of which are having a severe impact on their operations.
2021 has been a year of recovery for the Italian ceramic machinery and equipment industry, bringing a 45 % growth in sales to EUR 2145 million. The Italian market has performed strongly, gaining 58 % with respect to the previous year to reach a total of EUR 623 million. However, exports continue to make up the lion’s share of the total with a value of EUR 1522 million, up 40 % on 2020.
Under the new domain www.dorst-technologies.com DORST TECHNOLOGIES/DE has launched its new and completely redesigned website.
The US group reported first-half sales of USD 5,6 billion (up 30 % on 2020). The Global Ceramic Segment posted 23 % sales growth to almost USD 2 billion.
Grupo Lamosa, Mexico’s largest ceramic manufacturing group and one of the top three global players, has taken another important step forward in its international growth plan. On 2 August, it announced an agreement with Grupo Roca for the acquisition of the Spanish company’s Ceramic Tile Division (Tiles Investments and Holdings), a transaction worth USD 260 million (approximately EUR 221 million) that covers three production plants: the two Incepa plants in Brazil (Campo Largo and São Mateus do Sul) and the Ceramica Belcaire plant in Castellón, Spain, as well as a sales company in USA.