Italian Ceramic Machinery Sector Reports Positive First Quarter
The Italian ceramic machinery manufacturers’ first quarter 2010 performance has resulted in optimism, according to the Acimac Studies Centre. The organization observed an overall increase in companies’ revenues in the first three months of the year, largely due to a recovery in exports, which account for more than 75% of the sector’s total turnover. The most dynamic markets were in the Maghreb region, the Arabian peninsula, and the rest of the Middle East, along with Brazil and other South American countries.
A long-term recovery is not necessarily close, said Pietro Cassani, Acimad’s chairman. “Although the results that have emerged from our study are certainly positive, particularly following a year of severe contraction, they are still insufficient to allow us to say with certainty that the crisis is over. The increases reported in the last few months may, in fact, be attributable to a rise in orders for renewal or replacement of plant components or consumables, as is only natural after 12 months of stagnation.
“In the next quarter, our companies are expecting to see a situation of stability in key markets rather than the much-awaited recovery in large-scale industrial investments.”
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