Report
Lucia Saluzzi

Sabaf S.p.a., 1H2017

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.

Underlying
Sabaf

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.

Provider
Twice Research
Twice Research

Twice Research is an independent financial analysis company focused on Small & Medium Caps Corporate Brokerage and Investment Advisory.

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Analysts
Lucia Saluzzi

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