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Acimall - 2015 ends with A Largely Positive Quarter

2018-11-02 by Furniture Design & Technology

The year 2015 will not be remembered as a season of records, but for the Italian woodworking technology industry the past twelve months were undoubtedly better than expected.

The year 2015 will not be remembered as a season of records, but for the Italian woodworking technology industry the past twelve months were undoubtedly better than expected. The trends based on the positive figures of the preliminary balance published by the association in mid-December will probably be revised upwards, although it should be noticed that most orders coming in the fourth quarter will generate revenues in 2016.

As a matter of fact, orders in the final quarter 2015 cast a new light onto the industry. On the whole, the trend survey by Acimall's Studies Office on a panel of representative companies indicates 23.3 percent growth compared to the same period in 2014. There was a clear exploit on the domestic market, with orders up by one third (29.6 percent), while foreign markets recorded slower expansion at 17 percent.

Besides year-on-year, figures are really positive also quarter-on-quarter, as growth from the previous quarter (July-September 2015) amounted to 30 percent, or 7 percent with seasonal adjustment, i.e. considering the number of working days. This figure is significant because it indicates a consolidation of the growth trend that has been going on since early 2014.

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