The Anima Federation survey

Mechanics in the doldrums: revenues down for one in two companies

Rising costs and falling margins for almost all of the sample. Almici: 'Now a change of pace in industrial policy'

by Luca Orlando

3' min read

Translated by AI
Versione italiana

3' min read

Translated by AI
Versione italiana

"So far we are in line with expectations, but the problem is the second half of the year: at the moment we have five blocked orders, one of which is bound for the Arab Emirates and we do not know if and when it will be released.

The account of Giuseppina Cantù, CEO of the Bergamo-based Icmi (industrial furnaces), adds up to numerous similar indications, reassembled in an overall picture that is far from brilliant.

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Which sees for miscellaneous mechanics represented by the Anima Federation declining prospective revenues, reversing orders, increasing pressure on costs and a corresponding slowdown in margins.

This is the summary of the survey carried out among 120 member companies, which almost one in two (46%) see revenues falling in the first half of the year, a figure more than double that of those who instead forecast growth. The trajectory of costs, on the other hand, is opposite, with over 80% of the companies surveyed reporting increases of up to 10%, while another 8.5% report higher increases of up to 20%.

"Almost everything is going up," explains Andrea Chiodini, owner of Minerva Omega (food processing machinery), "starting with packaging, steel, aluminium and then electric motors, in the region of 10%. In June we will revise the price lists upwards and see how the market reacts. If I can close 2026 at last year's levels, I would consider myself very lucky.

The energy component, explains the Anima note, remains the main pressure factor, and alongside it the cost of raw materials contributes to the pressure on margins. On the orders front, while 27% of companies expect stability, some 49% of companies instead indicate a downturn, double the level of those who see orders growing.

"The current situation,' says Pietro Almici, president of Anima Confindustria, 'represents an unprecedented challenge for our sector. Complex geopolitical factors, a particularly difficult European economic context for manufacturing, and often questionable industrial policies are heavily affecting the performance of our companies. In particular, the energy issue takes on a central role: on the one hand, rising energy costs weigh significantly on company budgets; on the other, the need to strengthen Italia's energy independence emerges strongly, to ensure stability and competitiveness in the medium and long term. It is essential that institutions work to support the industrial and manufacturing world, urgently addressing the current critical issues with medium- to long-term policies. Added to this is a structural criticality that quantitative data tend not to represent: the shortage of qualified personnel and labour. This is not a recent phenomenon, but it is worsening at a time when companies need to be fully operational to sustain their competitiveness in the markets. We need a change of pace in industrial policy and structural measures that put industry back at the centre as a strategic asset of our country'.

The companies of the Anima Federation generate almost 60 billion in revenues, 60% of which come from exports, employing 224 thousand people. Last year they closed the year with an average drop of 1.4% in terms of production, the second consecutive annual reduction. With the possibility of now having a third retreat to strengthen in parallel with the continuation of the crisis.

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