STEADY VOLUMES AND RISING MARGINS FOR PIOVAN

“In an uncertain market scenario influenced by the Covid-19 pandemic, we are recording fairly steady sales volumes with an increase in margins both in percentage value and in absolute value. These data, together with the important acquisition of Doteco, make us more confident about a positive end of the year and a recovery in 2021. In the third quarter too, the company continued its project to strengthen its capital and financial structures, a fundamental condition for any future aggregation processes". With these words Nicola Piovan (below),executive president of Piovan Group, commented the company's results as of September 30, 2020, approved by the board on November 11.

FOR ITS 45TH ANNIVERSARY, BFM INAUGURATES A NEW SHED

Founded in 1975, BFM today is a leading manufacturer of automatic haul-offs and winders for extrusion blow-moulding lines and flexographic printers with central drum up to 10 colours, as well as 2, 4, 6 and 8 colour stack-type printers. To celebrate its first 45 years in the business BFM has expanded its headquarters in Solbiate Olona (near Varese, Italy) with a new shed adjacent to the existing one.