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Metal Work

50 anni, 1967 - 2017 Elite logo Logo Fondazione Bonatti

News 2024

Metal Work Reports €264 Million in Revenue for 2023, Setting Sights on €350 Million by 2028

Metal Work has achieved €264 million in revenue for 2023. This follows a record-breaking 2022 where the company surpassed the €250 million mark, reaching €255.3 million.

Despite facing challenges such as fluctuating raw material prices, the company's EBITDA stands at €38.2 million for 2023, compared to €40.5 million the previous year. The net profit for 2023 is €11.8 million, a decrease from €15.7 million in 2022.

The commitment to investment remains steadfast, with over €18.4 million allocated in 2023 alone, and a cumulative investment of more than €54.5 million from 2021 to 2023.

Looking ahead, Metal Work is ambitious with its new industrial plan, aiming to reach €350 million in revenue by 2028. This target comes after successfully meeting its 2025 goals ahead of schedule in 2022.