Comer Industries, turnover grows despite the crisis

(PresseBox) ( Reggiolo (RE), )
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- Consolidated revenues over 360 million euros for the Italian company, which improves financial position and profitability.
- Completed in 2014 the reconstruction of the Reggiolo plant after the 2012 earthquake; the 2015 scenario is challenging, characterized by a fall in the agricultural sector and high uncertainty on the markets.

Comer Industries closed 2014 with a consolidated turnover of 361 million euros, a growth of 6% on 2013, good operating profitability and a slightly improved financial position compared to the previous year. This result, the highest ever recorded by Comer Industries, was achieved despite the uncertainties of the markets and the first signs of crisis in the agricultural sector.

In the year just ended, Comer Industries completed the rebuilding of the Reggiolo industrial site affected by the earthquake in 2012. The new industrial complex covers more than 20,000 sq.m. (215,285 sq ft) of surface area, for an investment of over 12 million euros. The plant is equipped with cutting-edge technologies for energy savings and environmental sustainability thus ensuring ideal working conditions.

In 2014 the Company continued the process of transforming the Comer Business System organization model, with the aim of obtaining the EFQM (European Foundation for Quality Management) certification for excellent organizations by 2016.

Comer Academy, the in-house training and management school supporting the Comer Business System, organized 180 courses in 2014 for a total of 27,700 hours dedicated to the Company's office and factory workers, +9% compared to the previous year.

In a global scenario still characterized by high instability, the Company will continue to set itself challenging goals in 2015. "We will grow in the industrial sector"- declares Fabio Storchi, CEO of Comer Industries - "while we expect a fall in the agricultural area, due to the economic difficulties of the sector. 2015" - continues Storchi - "will be a demanding year, which we will face with maximum effort and the determination to achieve our fixed targets, relying on the valued contribution of our associates: we thank them for their professionalism and deep passion in the service of the Company."
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