Transfer Oil is in.
COLORNO, May 21, 2019 - The 2019 "Champion Business" survey was recently published in the Corriere della Sera and presented to the stock exchange on March 29th. The survey is about the 500 Italian companies between 20 and 120 million that have best performed from 2011 to 2017.
To be included in the Champions, the parameters are extremely rigorous: an annual growth rate of at least 7%, an average ebtda for 2015, 2016 and 2017 not lower than 10%, a Pfn / ebtda ratio of 1.8 and a rating attributed by Modefinance of at least BBB.
Emilia Romagna, behind Lombardy and Veneto, is in third position for number of companies with 64 Champion companies, including Transfer Oil S.p.A. This positive result is part of a growth that has continued since 2011 at an average rate of around 8%. The other indices supporting a considerable solidity are the average EBITDA for 2015, 2016 and 2017 at 28.4% with a slightly lower ROE: 27.7%. Numbers that have given Transfer Oil the AA rating according to the MORE model (Multi Objective Rating Evaluation) to highlight a strong capacity and creditworthiness. The growth trend continued also in 2018 and the outlook for 2019 is positive, as evidenced by the results of the first quarter, which consolidate growth and suggest that remaining in the ranking for next year is a realistic goal.
The complete article with ranking and economic and financial data is available at the link:
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Transfer Oil S.p.A., founded in 1979, are today one of the major independent thermoplastic hose manufacturer for medium, high and very high pressures.
Through a network made of the most relevant distributors of each industry, Transfer Oil hose products are distributed in 65 different countries.
With a total capacity of more than 13 million meters (42 million feet) per year, Transfer Oil are active in several industries such as general hydraulic systems for fork-lifts, aerial platforms, cranes, mobile devices, rescue tooling, or industrial application such as high pressure sewer jetting, hydrogen & CNG refilling systems, gas and water supply, paint spray markets, air conditioning and refrigeration but also niche markets such as air breathing, high temperature applications and aggressive fluids are being serviced with Transfer Oil hoses.
Today range count three major segments: TO HYDRAULIC (thermoplastic hoses for hydraulic applications), TO INDUSTRIAL (thermoplastic hoses for industrial applications) and GOMAX (thermoplastic hoses and fittings for air conditioning and refrigeration).
For more information, please do not hesitate to contact our sales office:
Transfer Oil S.p.A.
Via Sacca, 64
43052 - Colorno
tel. +39 0521 3139 or 011 39 0521 3139 (for USA and Canada)