According to an analysis of financial statements by Assofond, the industry was already showing some troubling signs in FY2019. Capitalization rates though remain high. The foundry sector closed out FY2019 at a standstill in terms of overall productivity, as measured by the ROE ratio, which takes into account all economic and equity elements. Up until FY2018, the growth of net equity generally took place as a function of the expansion of profits. However, over the last year, foundries have found a way to address the loss of net equity by setting aside profits during more profitable years, and continuing to bolster their equity position, including through an infusion of new capital. The capitalization rate, in fact, stayed at an optimal level.
LAST NEWS
Large-scale castings: why casting quality makes the difference
In the industrial sector, the production of large-scale castings requires extremely high quality standards, as even minimal imperfections in the casting process can compromise production efficiency and equipment lifespan. In this context, the quality [...]
Plates, counterplates, and casting columns: precision and strength serving the industry.
In the steel industry, components such as plates, counterplates, and casting columns play a strategic role, as they ensure the precision and stability required during metal melting and solidification processes. Their reliability directly affects [...]
Fonderia di Castenedolo: Italian excellence in large-scale cast iron castings
Production of large-scale cast iron castings for industry Within the Italian foundry industry, Fonderia di Castenedolo stands out as a benchmark for the production of large cast iron castings designed for the most demanding [...]
CBAM: Foundries at risk of shutdown, according to Assofond.
CBAM has become an increasingly topical issue over the last two years, culminating in its entry into force on 1 January 2026. ASSOFOND, the trade association representing Italian foundries and a founding member of [...]
New high energy efficiency suction filter
An innovative suction filter for the core forming machine recently went into operation in our plant; it is a device designed with state-of-the-art features to optimize operations and reduce environmental impact. With a capacity [...]
A new mixer in foundry
A few days ago a new machine was put into operation in the foundry. It's a double-arm continuous mixer with a capacity of dispensing sand and reagents from 20 to 60 t/h. It's mounted [...]
