Sabaf SpA 2016 AR2
The report highlights Sabaf's performance and strategic approach for the fiscal year 2016, emphasizing its transition towards Industry 4.0 and lean manufacturing. The company achieved satisfying financial results, with revenues of ‐130.98 million and a net profit of ‐9.01 million, despite a shrinking domestic appliances market. Sabaf continued its international expansion, particularly in Turkey and Brazil, and acquired a 70% stake in A.R.C. s.r.l. to expand its professional burner range. On the sustainability front, the Group maintained its commitment to the UN Global Compact and reported in accordance with the GRI G4 guidelines, focusing on eco-efficiency, safety, and human capital development.
Company: Sabaf SpA
Sector: Manufacturing
Country: Italy
Year: 2016
Type: AR2
Pages: 39
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Sabaf SpA
Annual Report
The report highlights Sabaf's performance and strategic approach for the fiscal year 2016, emphasizing its transition towards Industry 4.0 and lean manufacturing. The company achieved satisfying financial results, with revenues of ‐130.98 million and a net profit of ‐9.01 million, despite a shrinking domestic appliances market. Sabaf continued its international expansion, particularly in Turkey and Brazil, and acquired a 70% stake in A.R.C. s.r.l. to expand its professional burner range. On the sustainability front, the Group maintained its commitment to the UN Global Compact and reported in accordance with the GRI G4 guidelines, focusing on eco-efficiency, safety, and human capital development.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees