Cembre

Cembre (Euronext STAR): Consolidated turnover in the first half of 2022 amounted to € 104.4 million, up 23.4 % on the consolidated turnover of the first half of 2021

25/07/2022

(Brescia, 25th July h:9.43 am)

Brescia, July 25, 2022 –  Cembre S.p.A. inform that, pre-closing consolidated data of the first half of 2022 show Group sales amounting to € 104.4 million, up by 23.4% on € 84.5 million in the first half of 2021.

 

In the first half of 2022, domestic sales of the Group amounted to €46.4 million, up by 27.5%, while sales outside Italy amounted to €58.0 million, up 20.4%.

In the first six months, a total of 44.4% of Group sales were represented by Italy, 45.2% by the rest of Europe and the remaining 10.4% by the rest of the World.

 

We remind that, according to the published calendar of corporate events, the 2022 Half-yearly Financial Report will be approved by the Board of Directors on Monday 12 September 2022.

 

 

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Cembre designs, manufactures and distributes electrical connectors and cable accessories. It enjoys a leadership position in Italy and significant market shares in the rest of Europe. Cembre is one of the world’s leading manufacturers of tools (mechanical, pneumatic and hydraulic) for the installation of connectors and the shearing of cables. The products it has developed for connection to the rail and for other railway applications are used by the main companies in this sector round the world.

Cembre owes its success to an insistence on innovative, high-quality products, a broad and thorough collection, and an extensive distribution network both in Italy and abroad.

Founded in Brescia in 1969, the Cembre Group is now a fully-fledged international force. Along with the parent company in Brescia it has five subsidiaries: four trading companies (in Germany, France, Spain and the United States) and a manufacturing and trading subsidiary (Cembre Ltd, with registered office in Birmingham), for a total of 812 employees (data updated as at June 30, 2022). Since 1990, its products have been certified by Lloyd’s Register Quality Assurance for the design and production of accessories for cables, electrical connectors and tools for their installation.

Cembre has been listed on the Italian Stock Exchange since December 15, 1997, and on the Euronext STAR section since September 24, 2001.

 

Contacts:

 

Claudio Bornati (Cembre S.p.A.)            030/36921    claudio.bornati@cembre.com

Further information is available at Cembre’s institutional website www.cembre.com in the Investor Relations section.

 

The manager responsible for preparing the Company’s financial reports, Claudio Bornati, declares, pursuant to paragraph 2 of Article 154 bis of the Consolidated Law on Finance, that the accounting information contained in this press release corresponds to the document results, books and accounting records.

 

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Cembre Via Serenissima, 9 - 25135 Brescia - ITALY
© Copyright 2022 Cembre S.p.A.

CODICE FISCALE – P.IVA: 00541390175
ISCRIZIONE AL REGISTRO DELLE IMPRESE: n. 00541390175 Brescia
CAPITALE SOCIALE: € 8.840.000 i.v.