Company Profile
SBE-Varvit S.p.A. specializes in the manufacturing and marketing of fastening systems and mechanical components intended primarily for the automotive, industrial, agricultural machinery and personal mobility sectors. Products include screws, bolts, nuts, cold and hot-formed parts, fasteners and high-tech mechanical components.
Net sales by market are divided between commercial vehicles (33%), industry (26%), agricultural machinery (19.2%), personal mobility (7.3%) and others (14.5%).
At the end of 2022, the group has 6 production sites in Italy (5) and Serbia.
Net sales are distributed geographically as follows: Europe (86.3%), America (9.8%), Asia (1.9%) and other (2%).
Net sales by market are divided between commercial vehicles (33%), industry (26%), agricultural machinery (19.2%), personal mobility (7.3%) and others (14.5%).
At the end of 2022, the group has 6 production sites in Italy (5) and Serbia.
Net sales are distributed geographically as follows: Europe (86.3%), America (9.8%), Asia (1.9%) and other (2%).
Source: Cofisem - Last Update: 2024-04-23
Key Executives
| Chairman and Chief Executive Officer | |
| Chief Financial Officer | |
| Head of Investor Relations | |
| Chief Operating Officer |
Source: Cofisem - Last Update: 2024-04-23
Key Figures
| Millenium | 2023 | 2022 | 2021 |
|---|---|---|---|
| Net sales | 395,821 | 392,449 | 309,315 |
| Income from ordinary activities | 395,821 | 392,449 | 309,315 |
| Operating income | 62,861 | 77,944 | 52,128 |
| Cost of financial indebtedness net | 2,286 | 6,951 | 8,049 |
| Equity-accounted companies contribution to income | |||
| Net profit from discontinued activities | |||
| Net income | 57,838 | 54,585 | 33,371 |
| Net income (Group share) | 55,266 | 52,044 | 31.57 |
| Fiscal year end | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Length of fiscal year (month) | 12 | 12 | 12 |
| Currency & Unit | EUR - thousands | EUR - thousands | EUR - thousands |
| Account Standards | IFRS | IFRS | IFRS |
Source: Cofisem - Last Update: 2024-04-23
Shareholder information
| ECD Uno S.r.l. | |
| Free float | |
| Vescovini Group S.p.A. |
Source: Cofisem - Last Update: 2024-04-23
Address
SBE-Varvit S.p.A.
Via Lazzaretti 2/A
IT-42122 Reggio nell'Emilia
Italy
Phone number: +39 0522 5088
Fax: +39 0522 508780
https://www.sbe.it/en
Source: Cofisem - Last Update: 2024-04-23
Contact
Alessandro Caronti
Phone number: 3471333762
alessandro.caronti@varvit.com
Phone number: 3471333762
alessandro.caronti@varvit.com
Source: SBE-Varvit S.p.A. - Last Update: 2024-04-23
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