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Sacmi Announces 2002 Results

July 7, 2003
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The general assembly of Sacmi Imola has approved the results of the balance sheet closed on December 31, 2002. Due to the implementation of a diversification plan that aims to gain a significant share of the beverage, packaging and food processing markets, total sales revenues for the Sacmi Group increased significantly over the fiscal year 2002, going from the € 582 million registered in 2001 to € 829 million, an increase of over 42%. The Group achieved its goals through penetration into the new business areas of plastics and food processing, largely due to the takeover of Negri Bossi, a leading producer of injection presses, and developments brought forward by Sacmi & Catelli, a holding company with shares in enterprises producing machines and complete plants for the food industry.

For additional details, visit http://www.sacmi.com .

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