2018, which began with the sudden death of the President Silvio Albini, which represented a serious loss for the company and for the entire sector, ends with good news from a financial point of view. The Albini group has just announced the closure of the best year of the last three years, with a turnover of 153 million, up 3%, with a consistent improvement in margins. By virtue of the results achieved, the company will invest 30 million euros over the three-year period in industrial plants and research and innovation activities, as well as new management positions in strategic areas of the company.
The disappearance of the Albini knight, writes the company, “represented a serious loss for the company and for the entire sector. This event was followed by an internal reaction, from the family, management and each collaborator – guided and stimulated by the new president Stefano Albini – so strong as to allow the end of the growing year”.
In a market that is confirmed as contracting globally, the president of the Albini group, Stefano Albini, explains the guidelines that allow the company - in contrast with the sector - to grow: "The market rewards excellence and the group has always Albini is positioned in the top range, aiming and investing in continuous innovation, sustainability, excellent quality of raw materials, products and services to the customer and direct control of the supply chain. In particular, excellent performances were achieved by Albini Donna, Thomas Mason Bespoke for the sartorial world, and Albiate 1830 for the streetwear market. The determination to remain producers of Made in Italy - unlike many competitors who have decided to convert into commercial companies or have relocated - has rewarded the Albini Group. The consideration of Made in Italy in the world remains very high – continues Albini – which is equivalent to quality, creativity and authenticity, to be achieved with total respect for the environment”.
The two spin-offs also contributed to the Group's growth: I Cotoni di Albini, a company dedicated to the production and sale of fine and very fine yarns and noble blends, and Albini Energia, a company active in design and engineering.
The Group also sets important improvement objectives for the elimination of potentially dangerous chemical substances from the production cycle, becoming a contributor to the Zero Discharge of Hazardous Chemicals (ZDHC) program.
