Solid economic results, asset and financial growth, and strategic investments in innovation and sustainability confirm the Group’s leadership. The year 2024 closes with a total net profit of €69.5 million, marking a 5 percent increase compared to the previous fiscal year. The Business Units continue to demonstrate operational solidity and a strong focus on technological innovation.
During the Shareholders’ Meeting held on May 23, the Consolidated Financial Statements as of December 31, 2024, were presented. These highlight a significant strengthening of the Group’s equity position and a record-high Total Net Profit for the Cefla Group, reaching €69.5 million—an increase of 5.1 percent compared to €66.2 million in the previous year.
This growth was mainly driven by the doubling of financial income from equity investments, due to a significant increase in the market value of both direct and indirect holdings in Unipol Assicurazioni SpA.
Shareholders’ Equity reached €599 million, a 49 percent increase from €403 million at the end of 2023. The Net Financial Position also improved, rising to €113 million, up 52 percent from the previous €74 million.
Revenues totaled €666 million, a slight decline of 2.7 percent compared to €685 million the previous year. The decrease was seen across most markets, with the exception of Europe (excluding Italy), where performance held steady.
In 2024, €15.2 million were invested in R&D, digitalization, product improvement, and new software.
The Engineering Business Unit collaborated with Visa Cash App Racing Bulls to reduce environmental impact, in line with the energy transition.
The Finishing Business Unit outperformed its sales budget thanks to high global demand for advanced technologies and sustainable solutions, despite a market affected by inflation and trade tariffs.
The Medical Equipment Business Unit focused on maintaining operational performance and market share, achieving a modest revenue increase of 1.4 percent. 2024 also saw a significant boost in research and development investments. New product launches are planned across all segments in 2025.
“Cefla reaffirms its commitment to long-term value creation, with the goal of ensuring growth for future generations and the satisfaction of shareholders, employees, customers, and suppliers.”
Gianmaria Balducci, President of Cefla, stated:
“2024 has been a year of great satisfaction, with record performance in net profit and strengthened financial and equity positions. These results stem from our cooperative model, the dedication of our employees, and the Group’s strategic vision. I extend my best wishes to the new Board of Directors—Claudio Fedrigo, Cristian Pungetti, Yuri Della Godenza, and Valeria Gardi—elected on May 23.”
Paolo Bussolari, CEO of the Cefla Group, added:
“Despite significant investments, our operational management remained solid. We invested €15.2 million in Research and Development, which is essential to maintain our technological leadership and address future challenges through continuous innovation.”
