In the years passed, Beretta Holding has increased its presence in the opto-electronics industry with thanks to three acquisitions: The American company Burris in 2002, the German company Steiner in 2008, and the American company Laser Devices in 2013, to which two other US companies have recently been added; STS and Diffraction. In 2014, the Group (Beretta Holding) reached an annual turnover of 623 million euro, 50% in USA, 22% in Europe, 22% in Rest of the World and 6% in Italy. Recently, Beretta Holding acquired the American companies STS and Diffraction which supplies many western special forces with night vision devices. What does this mean for the Group from a technological point of view? The two acquisitions finalized on the 31st of December, 2015, are particularly important for the Group as they will immediately supply us with a huge contribution in terms of expertise in regards to technology and innovation. STS and Diffraction offer solutions of amongst the most sophisticated night vision devices in the world and feature a dedicated team of expert engineers that are even today planning new products and services that are highly advanced in nature. The capability in innovation is the real added value of the two acquired companies and the Group will supply all resources needed to develop their plans of growth. What’s your next move? We already have a team dedicated to developing all productive and technological synergies between the two recently acquired companies and the other 26 of the Beretta Holding Group. Even on this occasion we followed our past strategy: acquiring small-medium sized businesses, easily integrable and capable of immediately being of considerable value to the whole group. We already have great expertise in the integration of companies similar to STS and Diffraction and I expect good results even on this occasion. Is a growth other than from the investments in Research & Development (R&D) expected? Today, Beretta Holding already invests around 20 million euro (approx. 3% of the turnover) every year in R&D, with an added 40 million euro (approx. 5%) to manufacturing investments. With the international defense market being one of the most competitive and complex markets in the world, we have no other choice than to increase our...
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Pietro Gussalli Beretta (Download file in HD)
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#1 I Numeri uno Le eccellenze italiane, le aziende più innovative, gli imprenditori piu dinamici del paese: storie e successi dei protagonisti del primo Summit dei Numeri uno (#1) al Pirelli HangarBicocca, con la partecipazione di tutti gli imprenditori che con le loro attività qualificano il Made in Italy e sostengono il prestigio del sistema imprenditoriale italiano nel mondo. Vedi il sito dell’evento cliccando...
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Armes. C’est l’une des plus anciennes entreprises au monde. La France constitue son deuxième marché européen. Les clés du succès expliquées par son président, Pietro Beretta. C’était il y a cinq siècles. En 1526, le sénat de Venise accorde à Bartolomeo Beretta, installé à Gardone comme maître de canons et arquebuses, le privilège de fabriquer...
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The general meeting of Shareholders of Beretta Holding has approved the Group Financial Statements for the 2014 FY, showing 40 million Euro net profit (50 million in 2013), after provision for depreciations and amortizations of 36.6 million Euro (26.1 million in 2013) and income taxes of 20 million Euro (33.9 million in 2013). Net sales were 623.6 million Euro (638.2 million in 2013), a 2.3% decrease of which 1% is attributable to exchange rates fluctuations. Sales in markets outside Italy further increased, equaling 94% of total; as in the past, sales in North America exceeded 50%. A major influence on the sales results in year 2014 was a United States demand shortfall for civilian products, which was extraordinarily strong in FY 2013. The substantial stability of turnover was therefore achieved thanks to increased sales in the other main markets where the Group operates, with special reference to central- north Europe and other countries outside of Europe, while sales in Italy showed a further decline. Following a FY 2013 decrease, law enforcement and defense sales recovered, thus reaching 17% of total sales. Thanks to the growing weight of the optics division, non-firearms sector sales account today for one fourth of total sales and showed an overall 4% growth, with clothing and accessories category growing by 12%. It is worth mentioning that 4% of civilian sales were made directly to the end consumer, thanks to the prestigious Beretta Galleries and the growing contribution of own outlets and ecommerce/catalogues. Profitability was satisfactory even if lower than in year 2013, due to a less favorable product/market mix and higher weight of depreciation as a consequence of machinery revaluation by some Italian subsidiaries. Capital expenditures grew significantly, reaching 36 million Euro (26.5 in 2013), of which half was made in the Italian facilities; r & d expenses, fully charged to the income statement were 17.5 million Euro , equal 2.8% of net sales ( 2.5% in 2013) Average headcount for the Group was 3,020 people, slightly growing compared with 2013. Net financial position at year end is positive for 113 million Euro and available for future acquisitions. As far as business evolution is concerned, the following should be noted: Besides heavy concerns for the...
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