Scm Group, new appointments to the Board of Directors and record turnover of 850 million euros

Jul 10, 2023

The Scm Group S.p.A. shareholders' meeting met to approve the annual financial statement as of 31 December 2022 and to appoint the Board of Directors, the President and the Honorary President.

The new Board of Directors is organised as follows: Andrea Aureli (Chairman), Giovanni Gemmani (Vice-Chairman), Enrico Aureli (Vice-Chairman), Marco Mancini (Chief Executive Officer) and the councilors Valentina Aureli, Luca Franceschini and Martino Gemmani.

The shareholders also appointed Alfredo Aureli as Honorary President who will remain in office for the three-year period 2023-2025.

The shareholders thanked the outgoing Chairman, Giovanni Gemmani, and the outgoing Honorary Chairman, Adriano Aureli, for the human and entrepreneurial skills that have distinguished them over many years of activity, contributing to the progressive consolidation and growth of the Group.

The approved consolidated financial statements reflect record turnover, equal to 850 million euros, with an increase of 14% compared to 2021 and an export share of over 90%. Orders also recorded positive trend, with an amount of around 900 million euros at the end of 2022.

"In 2022 we managed to achieve good results despite the strong critical issues related to costs and the supply of raw materials and electronic components", underlines the CEO of Scm Group, Marco Mancini. “In 2023 the international macroeconomic context is not favourable, but I am convinced that the strength of the team, the investments made and the solidity of the Group will allow us to gain further market shares in the various sectors in which we operate: the wood-furniture industry and nautical, automotive and aerospace in the field of advanced materials processing”.

Regarding the strategic activities undertaken, the General Manager of Scm Group Luigi De Vito comments: “Scm Group and its companies have once again demonstrated great strength and resilience in facing the economic challenges. The decision to continue guaranteeing a substantial investment plan to enhance after-sales services, the production efficiency of our industrial sites, the direct presence in international markets and R&D activities in the various business sectors was determining”.