Italian low level platform manufacturer Bravi Platforms has reported a strong first half trading for the calendar year. In fact, year to date sales and order intake is so positive it is forecasting an 80 percent increase in shipments for 2021.
The company is privately held and does not disclose actual revenues or shipment numbers but says that overall sales in the first half increased by 40 percent compared to the average first halves of the past three years. The main driver for this is a 70 percent increase in sales of the Leonardo HD model, and a solid 25 percent growth in sales of stock pickers.
Chief executive Pierino Bravi said: “The most positive note we would like to highlight is that, considering the projected growth rate provided by the current order intake and backlog, we can estimate that we are likely to close this 2021 with an overall increase in sales that will touch an 80 percent. Over the past three years, the Leonardo HD model has seen an increase of 160 percent, while the stock picker range is up 30 percent.”
As a result, the company is feeling highly positive about the prospects for 2022.