Camozzi Group Approves 2024 Consolidated Financial Statements

The 2024 consolidated financial statements of Gruppo Camozzi – an Italian multinational company operating in industrial automation, additive and subtractive manufacturing, and the development of mechatronic solutions for advanced manufacturing – have been approved. The year closed with revenues of 592 million euros, 81% of which were generated abroad and 19% in Italy. At an overall level, the breakdown of revenues by geographical area saw EMEA accounting for 51%, the Americas 16%, and APAC 14%. Ebitda reached 102 million euros, net profit 30.3 million euros, and cash flow 95 million euros, while investments totalled 45 million euros.

“In an economic and geopolitical context among the most complex in recent decades, we are proud to have closed 2024 with an overall positive result, which confirms the solidity of our strategic model. This model is based on broad sectoral and geographical diversification, the resilience of our people, and our ability to continue creating value even in challenging scenarios,” said Lodovico Camozzi, Chairman and CEO of the Group. “We look to the future with optimism and determination, continuing to invest in research and development, adopting and experimenting with cutting-edge technologies, and, above all, strengthening our direct presence in key global markets by placing human resources and local supply chains at the centre.”

Throughout 2024, Gruppo Camozzi continued to strengthen its “local to local” model through a direct, productive, and commercial presence in the world’s major economies (Europe, the United States, China, and India). This approach supports operational resilience by reinforcing relationships with both customers and local partners. The Group operates directly in 78 countries, with 25 production plants across Europe, the US, China, and India, and 39 subsidiaries or service centres. In recent years, industrial investments have been significantly increased to reinforce direct presence in the United States and major Asian economies. In particular, Gruppo Camozzi consolidated its presence in India through a series of investments aimed at strengthening the local supply chain and expanding production capacity in the country. Among the most notable developments was the opening, in October 2024, of a new manufacturing plant, the launch of a training centre, and the progressive establishment of a local R&D hub for its subsidiary, Camozzi Automation.

The Group’s stability is further enhanced by its ability to diversify across a wide range of industrial sectors. Its portfolio ranges from the production of extremely large machinery to highly miniaturised, interconnected components, as well as advanced software and algorithms. Recently, through the work of Camozzi Digital & Mechatronics, the Group has developed a cognitive platform using generative artificial intelligence. This platform integrates certified production data and autonomously executes industrial processes, supporting operators and managers through natural language interaction.

Driven by the Camozzi Research Center (CRC), R&D investments amount to 3% of turnover and are focused on constantly identifying and testing key technological megatrends, with the aim of rapidly translating them into industrial solutions. Equally important is the centre’s ability to foster collaboration and synergies with universities and technology partners, including through participation in extended partnerships. Today, the Group is involved in four such partnerships, including MICS – Made in Italy Circular and Sustainable. This includes projects focused on advanced materials for additive manufacturing, robotic solutions aimed at maximising operator safety and wellbeing, and integrated electronic and mechatronic technologies.