Kaba: great results also thanks to Silca

VITTORIO VENETO,

Swiss multinational Kaba has reached, with the contribution of Silca S.p.A., new gratifying economic goals and the Key Systems Division has closed the 2012/2013 financial year with a rise by 2.9% of its sales results compared with the same period last year and has obtained a +2.7% of EBITDA margin.
The Kaba Group, listed on the Zurich Stock Exchange, has in fact released to shareholders its official financial results for the 2012/13 fiscal year, which has just ended.
The Group, which has achieved a turnover of CHF 964.3 million and whose sales volumes have increased by 1.8%, has reached and consolidated a +15.6% of EBITDA margin. The Key Systems Division, under the guidance of Stefano Zocca and within which Silca S.p.A. operates, has been able to stand out for its sales results and profitability, which are on the rise above the Group’s average, and for its ability to achieve important goals in terms of manufacturing processes. The Division has registered a more than gratifying +2.9% in its sales results compared with the same period last year, thanks to acquisitions focused on gaining market shares in South America and to the results obtained by two well-established companies and brands: Silca, operating in the EMEA and AS areas, and Ilco, doing business in North America.
Stefano Zocca has shared the Group financial results also with the employees of the Vittorio Veneto plant and has highlighted prospects and objectives that the Key Systems Division and Silca have planned to reach in the near future.
Silca remains, and will remain in the future, the core of the Key Systems Division, a company that has highly invested in product innovation and manufacturing optimization, and is planning to keep up this trend also in the future.

Source: Ferrutensil
October 2013

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