Florim Reports Record Sales in 2021, Continued Focus on Sustainability

Ceramic tile manufacturer Florim, based in Modena, Italy, reported record sales of 480 million Euro [US $505 million] and EBIDTA [earnings before interest, taxes, depreciation, and amortization] of 25%—the highest in the company's history. Florim reported it invested more than 280 million Euro [US $295 million ] and 50 million Euro [US $52 million of investments in green manufacturing since 2011.

“I am particularly proud to illustrate the path that Florim has travelled over the past year," President Claudio Lucchese said in a letter to stakeholders. "The brilliant economic and financial results, the positive reaction of the market to our way of doing business, and the consolidation of the values we believe in have made possible numerous initiatives that you will read about."