RdM publishes half-year report 2017

New corporate strategy delivers first positive results

Mr. Michele Bianchi, RDM’s CEO, commented: "The new corporate strategy and the Group’s reorganization, focusing on production efficiency, supply chain integration and improved mix and geographical revenues, are delivering first positive results, both in terms of revenue growth and profitability. In a general macroeconomic scenario of moderate recovery, we are satisfied with the RDM group’s performance in the first half of 2017, also thanks to the integration of R.D.M. La Rochette, which allowed an expansion of our product range offering in a business sector of Folding Box Board (FBB), benefiting today on higher growth rates than the White Lined Chipboard (WLC)”.

"For the rest of the year, we are positive on the growth prospects in light of the satisfactory backlog in the two business segments. We will constantly be focused on strengthening the business model by optimizing the commercial and operational performances and by managing the input costs to mitigate the rising trend of raw material prices" concluded Mr. Bianchi.

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