News & events

IDROBASE GROUP COUNTERTREND

Over the last 9 years turnover has tripled rising from 2.7 to 8.1 million Euros. Extra EEC markets turn up, the Italian one is falling. The target for 2012 set at +8%, but in the long term (5 years) they aim to double turnover and labour force.

2011 was positive for Idrobase Group that closed the year at +17% compared to 2010. A satisfactory result built especially during the first semester when they closed at +26% which made people hope for a result even better, but in the second half of the year winds of the market crisis swept away this possibility nevertheless setting the final data at 8.12 million Euros.

It is worth reporting that in the division of the turnover of the Group, the portion of Countries outside the EEC (59%) is increasing which corresponds to a slight decline of the Italian market (20%), while the figure is unchanged in the CEE area (21%) . Nowadays Idrobase Group, owner of four brands specialized in the pressure water market, exports to 92 countries. Besides Italy, the most important markets in 2011 were Russia, China, Argentina, Great Britain and Australia.

Over the past five years Idrobase Group has doubled its turnover and now Bruno Ferrarese and Bruno Gazzignato, owners of the group, aim of course to achieve budget of 2012, set at 8.8 million Euros, at +8% as for 2011, but in particular they look on the long-term fixing the goal for the next five years: to increase twice as much turnover by increasing productivity and labour force.