Sabaf designs and manufactures components for household appliances for gas cooking. Its reference market is composed of household manufacturers.
In the 1H2017 Sabaf’s revenues increased 19.1% yoy to 77.2M€. All markets contributed to growth, Italy remains stable; positive sales growth rates have been recorded in other European markets, where Sabaf is consolidating its leadership. The Middle East market shows a strong recovery over 2016, North and South America maintain a positive trend.
Sabaf SpA is an Italy-based manufacturer of components for domestic gas cooking appliances. The Company specializes in the design and manufacture of non-ferrous alloy components for household gas cooking appliances. The Company has two operating segments: gas components, and hinges. It offers a range of products, including multigas valves, for free-standing cookers, as well as for built-in hobs; one-way and two-way multigas thermostats, with or without safety devices; gas burners, and hinges. There is also a range of accessories for each product line. It sells its products to manufacturers of cookers, hobs and ovens. The Company has several wholly owned subsidiaries, such as Faringosi-Hinges Srl, Sabaf Immobiliare Srl, Sabaf do Brasil Ltda, Sabaf Mexico SA de CV, , among others.
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