Serene time for the balance of Antonio Carraro
Returns the serene time in the company’s balance sheet Antonio Carraro to close 2015 with a turnover of 76 million and Ebitda 10%, confirming an increase of 10% compared to revenues in 2014 and business performance over expectations.
Achieved numbers to good sales year marked by the launch of the new series of tractors for specialized agriculture, with a strong consolidation of the sales network and the completion of the rationalization of the cost structure figures.
Due to the significant monetary contribution (8 million euros in 12 months) by the Antonio Carraro family, the factory is ready to face serenely one 2016 (with a new forecast increase in turnover) presented with great innovations both in relation to the goods, with the presentation of the new series of high-end tractors continuous transmission intended for precision agriculture; as by increased sales in emerging markets (Turkey, Morocco, Serbia and Balkan countries); as well as investments related to various departments of the company.
Especially the area of Research and Development, incorporating a new computer system for new projects; new production departments will benefit from the automation of all stores and the acquisition of new machinery for the industrialization of production; delivery area will be enhanced thanks to a new cab-test for checking transmissions for tractors. At the same time, the company is preparing to begin the process for certification when quality and safety.
These investments eventually will boost SAT / spare parts departments with the introduction of new technical support for agents sales network. Regarding human resources, it has increased the number of employees. In February 2016 are 340 employees, a number that expect to increase in the coming months thanks to the upward trend in receiving new orders.
Source: Antonio Carraro
