The year 2023 marked a change of pace in the SACMI story. The strong volume growth seen over the last three years resulted in a scaling-up of the Group, with consolidated revenues breaking the 2 billion euro threshold, the best result ever.
In 2023, SACMI strengthened its reputation and leadership by investing in new products and skills, and by taking customer support facilities and services to the next level.
The achieved result is particularly encouraging when one considers the unstable macroeconomic and geopolitical backdrop, which has necessitated continuous adjustments to strategy in order to mitigate business risks, provide customers with optimal service and identify, together, new growth opportunities.
Key contributing factors to the excellent operating result included a continuation of the strong economic recovery that began in 2021 and gathered pace in 2022. For the first six months of the year, order acquisitions proceeded apace, allowing the company to achieve systematic growth and engage in orderly operational management.
The second six-month period proved to be stormier as a combination of factors - high interest rates, persistently high energy prices, the Middle East crisis - inevitably impacted the market, slowing or postponing customers' investment decisions and raising new questions about both macroeconomic and geopolitical medium-term scenarios.