Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Fidia Audit Report / Information 2018

Jan 28, 2019

4258_rns_2019-01-28_e20beb55-8273-4622-abb9-f4992a7c4dd6.pdf

Audit Report / Information

Open in viewer

Opens in your device viewer

{# SEO P0-1: filing HTML is rendered server-side so Googlebot sees the full text without executing JS or following an iframe to a Disallow'd CDN path. The content has already been sanitized through filings.seo.sanitize_filing_html. #}

Preliminary

Highlights 2018

Table of contents

Company profile 3 Order acquisition 11
Fidia Group Organisation 4 Order Backlog 12
New Fidia's Plant in Forlì 6 Research and Development 13
Gantry D321 8 Products 14
Group Net Revenues 9 Gantry GTF 18
Company profile 3 Order acquisition 11
Fidia Group Organisation 4 Order Backlog 12
New Fidia's Plant in Forlì 6 Research and Development 13
Gantry D321 8 Products 14
Group Net Revenues 9 Gantry GTF 18

Company profile

FIDIA S.p.A., established in Turin since 1974, designs, manufactures and sells Numerical Controls and Milling Systems for the production of complex shapes mainly for the automotive, aerospace and energy sectors.

With three industrial sites in Italy, one Joint Venture in China and seven Subsidiaries overseas, the FIDIA Group employs approx. 334 people.

The Company is focused on high-quality products and customizable machines being, since its creation, among the world leaders in the field of Numerical Controls for machining of complex surfaces as well as in the one for High-Speed Five Axis Milling Centers. In the last years due to their outstanding performances, the new gantry type machines "GTF" have encountered a considerable success in the global market both in the mould & die and aerospace industries.

A significant percentage of the Group's annual turnover is invested every year in research and development. Certified ISO9001 since 1996, FIDIA S.p.A. is constantly focused on improving the performances, quality and reliability of its products.

Technological excellence, constant innovation, highly skilled human resources and international business presence are the key factors of the FIDIA success over more than 40 years of activity.

Listed at Certified by
Audited by Member of

Subsidiares Service Center Joint Ventures

Opening event of Fidia Plant in Forlì

Fidia S.p.A. has recently held the opening event for its new manufacturing plant in Forlì. The new plant, with the already existing premises in San Mauro Torinese and San Secondo di Pinerolo, has now doubled the production capacity of the company.

The project originated from the need to meet the demand for increasing production volumes

and to have the necessary space to build large dimension machine tools.

A modern, efficient production plant was needed, with the necessary structures and areas for designing and manufacturing the new machine tools and milling systems required by the market.

The new plant was constructed incorporating an existing industrial structure, and paying particular attention to its impact on the surrounding area, while also respecting the local built environment.

The manufacturing plant in Forlì has a number near 70 employees, and a production volume of nearly 40 million Euros. A higher production capacity was necessary to meet Fidia's new prospects within its market.

The new D321 line is the best solution for mold finishing applications having a compact size with a very large working envelope. The wide opening front door is ideal for loading large and heavy workpieces while offering an unsurpassed visibility. On D321 and DL321 the working table is made of cast iron as an independent part, fastened to the floor, while on D321/M the table is integrated into the monolithic structure of the machine. The surface of the workpiece table has T slots to clamp the parts. The new line D321 combines a compact footprint with a remarkable working volume.

5-axis milling center G996 RT

Upper gantry structure with high rigidity monolithic basement and integrated roto-tilting table. Ideal for high precision 5 sides and 5 axis machining. The machine is fully equipped with

active thermal control.

Group Order Acquisition

Group Order Acquisition per Area

12

Research and Development

The R&D activities, carried out mainly by the parent company Fidia S.p.A., have always been one of the strengths of the Group and received substantial investments over the years. A team of approx. 38 people supported by specialized consultants is currently dedicated to R&D activities.

The R&D activities are carried out mainly by in-house resources and a substantial part of the expenses incurred consisted of costs for personnel (about 2,0 million in the FY 2017). All costs incurred are posted directly to the income statement.

R&D allows the Group to pursue the goal of constantly adapting its products to customer needs and to be always at the forefront thanks to technological innovation in its commodity sector.

Research covers both lines of business of the Group.

The costs incurred by the Group in 2017 amounted to approx. 2,2 million (about 4,8% of revenues).

In cooperation with Italian and European Research Centres and several leading Industrial companies, the Group is engaged in:

Q 3 projects co-financed by the European Commission within H2020 Programs.

Q 1 italian project financed by Regione Piemonte

ViMill®

ViMill® real-time 3D virtual collision look-ahead software effectively help the machine operator in avoiding unforeseen and always very costly collisions.

While milling is in progress, ViMill® is monitoring any unexpected collision situation by graphically executing the actual milling process comfortably ahead in the part program future blocks.

Additionally, ViMill® 3D anti-collision graphic simulation software is also active in JOG Mode, allowing a highly safe operation of manual axis displacements. Such feature is of great support to the operator especially in case of low reciprocal visibility of the tool, workpiece or milling head.

Despite the safety provided by off-line part-program simulation software products, actual machining conditions may vary due to the need of modifying a range of machining set-up, like a different positioning of the workpiece, the off settings of tools or "return to job" and stop and go operations.

ViMill® acts like a safety guard of the machine: a 3D virtual reality "avatar" focused on observing and safely controlling the resulting situations of the given milling toolpath in the near future.

C40 Vision

The C40 Vision numerical control is an innovative solution for machining in a modern and efficient way. By integrating the software ViMill® offers performance and features of highest level and extraordinarily effective for the control and the safety of machine tools.

HiMonitor

In order to monitor activities performed on the machines, from milling times to machine downtime and faults, Fidia has developed the HiMonitor module which provides this information both on the control and on a remote device, such as a smartphone, tablet or PC.

GTF line

The new GTF Gantry machine Line, identified by a wide operative volume modularity, combines High Speed performances with great structural stiffness.

Heads

Fidia proprietary heads dedicated to a wide application range, from the heavy chip removal to the 5-axis super-finishing.

Numerical Controls

The FIDIA numerical control line can be installed on a wide range of machine tools: from traditional milling and boring machines to machining centres, including the most complex high speed milling systems.

HMS

The HMS system is a device designed to check and correct geometric errors of continuous and indexed bi-rotary heads as well as roto-tilting tables.

Fidia GTF

Gantry type high speed milling machines

Modularity and Performances

The GTF Gantry Line is characterized by a wide operative volume modularity, and combines High Speed performances with the stiffness of its structure.

GTF/R GTF/R FIDIA S.p.A. Corso Lombardia, 11 10099 San Mauro Torinese - TO - ITALY Tel. +39 011 2227111 Fax +39 011 2238202 [email protected] www.fidia.com

FIDIA GmbH

Robert-Bosch-Strasse 18 63303 Dreieich-Sprendlingen - GERMANY Tel. +49 6103 4858700 Fax +49 6103 4858777 [email protected]

FIDIA Co.

3098 Research Drive Rochester Hills MI 48309 - USA Tel. +1 248 6800700 Fax +1 248 6800135 [email protected]

FIDIA Sarl

47 bis, Avenue de l'Europe B.P. 3 - Emerainville 77313 Marne La Vallee Cedex 2 - FRANCE Tel. +33 1 64616824 Fax +33 1 64616794 [email protected]

FIDIA Iberica S.A.

Parque Tecnológico Laida Bidea, Edificio 208 48170 Zamudio - Bizkaia - SPAIN Tel. +34 94 4209820 Fax +34 94 4209825 [email protected]

FIDIA DO BRASIL LTDA

Av. Padre Anchieta, 161 - Jordanopolis São Bernardo do Campo 09891-420 - SP - BRASIL Tel. +55 11 3996-2925 [email protected]

FIDIA JVE

Beijing Fidia Machinery & Electronics Co., Ltd Room 1509, 15/F Tower A. TYG Center Mansion C2 North Road East Third Ring Road, Chaoyang District 100027 BEIJING - P.R. CHINA Tel. +86 10 64605813/4/5 Fax +86 10 64605812 [email protected]

FIDIA JVE

Shanghai Office 28/D, No.1076, Jiangning Road Putuo District Shanghai 200060 - CHINA Tel. +86 21 52521635 Fax +86 21 62760873 [email protected]

OOO FIDIA

c/o Promvost Sushovskiy Val, Dom 5, Str. 2, Office 411 127018 Moscow - RUSSIA Tel.: +7 499 9730461 Mobile: +7 9035242669 [email protected] [email protected]

Service centres:

FIDIA GmbH - SERVICE CZ

CZ- 74706 Opava Tel/Fax +420 553 654 402 [email protected]

FIDIA S.p.A. - SALES & SERVICE UK

32 Riverside, Riverside Place Cambridge - Cambridgeshire CB5 8JF - United Kingdom Mobile: +44 - (0)7425 838162 [email protected]

3H MAKINA

Atasehir Bulvari, Ata 2/3 Plaza, Kat: 9 No: 80 Atasehir - Istanbul - TURKEY Tel.: +90 216 456 10 43 Fax: +90 216 456 75 23 [email protected] [email protected]

AXIS SYSTEMS

T8 ~ T9 ~ T20, "INSPIRIA" Old Mumbai - Pune Highway, Pune – 411044, India Cell : +91 9881245460 [email protected]

P.V. ELECTRONIC SERVICES C.C.

P.O. Box 96 Hunters Retreat 6017 Port Elisabeth SOUTH AFRICA Tel. +27 41 3715143 Fax +27 41 3715143 [email protected]

SHIYAN FIDIA SERVICE CENTRE

N.84 Dong Yue Road, Shiyan, Hubei - CHINA Tel. +86 719 8225781 Fax +86 719 8228241

CHENGDU FIDIA SERVICE CENTRE

Huang Tian Ba Chengdu, Sichuan - CHINA Tel. +86 28 87406091 Fax +86 28 87406091

IE-MAT s.r.l.

Bv. De Los Calabreses 3706 Barrio: Boulevares. Córdoba - ARGENTINA CP: X5022EWW Tel. +54 351 5891717 [email protected]

Manufacturing plants:

FIDIA S.p.A. Via Valpellice, 67/A 10060 San Secondo di Pinerolo TO - ITALY Tel. +39 0121 500676 Fax +39 0121 501273

FIDIA S.p.A.

Via Balzella, 76 47100 Forlì ITALY Tel. +39 0543 770511 Fax +39 0543 795573 [email protected]

SHENYANG FIDIA NC & MACHINE CO., LTD.

No. 1 17 Jia Kaifa Rd. Shenyang Economic & Technological Development Zone 110141 Shenyang - P.R. CHINA Tel. +86 24 25191218/9 Fax +86 24 25191217 [email protected]

Research centres:

FIDIA S.p.A.

c/o Tecnopolis Str. Provinciale per Casamassima Km 3, 70010 Valenzano Bari - ITALY Tel. +39 080 4673862

FIDIA S.p.A. Corso Lombardia, 11 10099 San Mauro Torinese (TO) - ITALY www.fidia.com