Dear Customers & Partners,
we are ready to close the first half of this 2018 and we are now in the position to draw the initial conclusions.
I am proud to share with you that Itema Group financial results for the first half of 2018 confirm the Group’s constant growth over the past few years. A special mention goes to our Company’s core business, manufacturing and marketing of best-in-class weaving machines, which registered unprecedented sales results over the same period of 2017. This is an exceptional leap for Itema weaving machines which increasingly represent the preferred choice of weavers around the world and, encouragingly, continue to gather weavers’ appreciation also in the biggest textile markets, such as China, Turkey and India. Herein lies our greatest fortune: producing weaving machines which are fully appreciated and favored by weavers.
The excellent results achieved in this first part of 2018 are the product of two crucial strategic decisions taken by our Group: our positioning as technological leader in the sector and our dedication to international growth. Since 2012 Itema succeeded in more than doubling the sales of weaving machines collecting constantly increasing profits thanks to our tireless and steady commitment to continuous innovation which led us to develop breakthrough and smart weaving solutions, enabling our Group to become the industry technological benchmark. And I herewith confirm that research and innovation will continue to be our driver in everything we do.
I am also glad to share with you in this Red Dot News a short overview of our activities and results, including the important accomplishments achieved by the Itema Purchasing Team – whom I wish to congratulate for their excellent work – and the words of our Customers when describing our weaving machines and the relationship they have with our Company, which make me every time feel proud and grateful.
We will come back to you soon with more insights about Itema Group and, until then, good reading and welcome to the new readers tuning in.
Carlo Rogora, Itema Group CEO