SIT Headquarters are in Padua (Italy), where SIT La Precisa was founded in 1953 by brothers Pierluigi and Giancarlo de’ Stefani. SIT is divided into two Divisions: «Heating» and «Metering», with more than 2,500 employees and representative and sales offices located in Europe, America, Asia, Africa and Oceania.
The production sites and research centres can be found in Italy (Rovigo and Macerata), the Netherlands (Hoogeveen), Romania (Brasov), Portugal (Lisbon), Tunisia (Tunisi), Mexico (Monterrey) and China (Suzhou). Constant investments in R&D and innovation have resulted in unique know-how, an increasingly broad range of products and the conquering of new markets. The quality system has been certified ISO 9001 since 1988 and VISION 2000 since 2001.
1953
Served areaWorldwide
Headcount2,500
HeadquartersViale dell’Industria 31-33, 35129 Padova – Italy
Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
---|---|---|---|---|
Cash and cash equivalents | 34,065,000.00 | 42,328,000.00 | 46,667,000.00 | 23,535,000.00 |
Other Current Assets | N/A | 14,234,000.00 | 15,745,000.00 | 12,597,000.00 |
Retained Earnings Profit Loss For Reporting Period | N/A | N/A | 8,243,000.00 | 11,213,000.00 |
Noncurrent Recognised Liabilities Defined Benefit Plan | N/A | 6,095,000.00 | 5,762,000.00 | 5,093,000.00 |
Other Noncurrent Liabilities | N/A | 35,000.00 | 61,000.00 | 4,000.00 |
Longterm Borrowings | N/A | 91,734,000.00 | 74,540,000.00 | 77,968,000.00 |
Current Derivative Financial Liabilities | N/A | 1,045,000.00 | 8,748,000.00 | 0.00 |
Other Current Liabilities | N/A | 18,638,000.00 | 23,163,000.00 | 23,113,000.00 |
Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
---|---|---|---|
Services Expense | 38,198,000.00 | 48,424,000.00 | 52,301,000.00 |
Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 24,052,000.00 | 26,897,000.00 | 27,771,000.00 |
Profit (loss) | 13,225,000.00 | 8,243,000.00 | 11,213,000.00 |
Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
---|---|---|---|---|
Profit (loss) | N/A | 13,225,000.00 | 8,243,000.00 | 11,213,000.00 |
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 8,263,000.00 | 4,339,000.00 | -23,132,000.00 |
Cash and cash equivalents | 34,065,000.00 | 42,328,000.00 | 46,667,000.00 | 23,535,000.00 |
Please note that some sums might not add up.
IT0005262149
LEI81560009D520343E0A68
SectorIndustrial Machinery & Supplies & Components
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