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Gidue reports strong fiscal 2014

Sales results in 2014 were 19% higher than the previous year.

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By: Steve Katz

Associate Editor, Label & Narrow Web

Nuova Gidue reports that sales results in 2014 were 19% higher than the previous year, with 30,9 million euro turnover and over 11% positive EBITDA.

Federico d’Annunzio, Gidue’s CEO, comments, “Sales growth and profitability were supported by higher sales of digital automation technologies like Digital Flexo and Excellence series. Outlook for year 2015 is still very positive confirming our trend towards market leadership in highly automated printing and converting solution for the Labels and Packaging industry.”

In 2014, Nuova Gidue received the Global Label Award for innovation and in May 2015 received the FTA (Flexographic Technical Association) Technical Innovation Award.

Bobst Group acquired a 65% ownership stake in Gidue in May 2015.

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