Carlo Salvi: in 2023, results in line with expectations despite market uncertainties

Carlo Salvi is a renowned manufacturer of special machinery for cold and hot wire forming of fasteners for the automotive, aerospace, and electronics sectors. The Italy-based company has recently presented an initial report on the overall performance of the current year, during which it has experienced a significant workload generated by its order portfolio.

The results achieved in this first part of the year are in line with the expected budget, despite customers slowing down new investments. This phenomenon was also observed in the first half of 2022; however, Carlo Salvi expects to conclude 2023 with better performance compared to the previous year.The order portfolio acquired provides a solid foundation for achieving good results.

"We are aware of all the market challenges and are committed to closely monitoring their evolution to adapt our corporate strategies accordingly. The company is also working intensively at the group level with Hatebur, and we expect this collaboration to bring clear benefits as early as next year," said Federico Uslenghi, CEO of Carlo Salvi.

The company intends to remain a reliable reference point in the industry, continuing to invest in the quality of its products and services, as well as to improve customer relationships. Carlo Salvi is confident that, although aware of the current challenges, it will successfully navigate market uncertainties and continue to grow over time.