Full archive

Board of Directors approves first quarter 2014 results

The Shareholders’ Meeting approves the 2013 Financial Statements.

Carraro sells its non-core assets of miniGears

An important step towards a greater focus on the core business

Draft financial statements for 2013 approved

Turnover at 872 million Euros, the agriculture sector picks up

2013 preliminary estimates

Important improvement in terms of industrial margin which has been possible thanks to the investments made over the last two years for 70 million

The Board of Directors approves the results of the third quarter of 2013

Turnover increases (+4.1%) and profitability improves significantly (profit of 177 thousand euros)

“Progetto Italia” launched: 40 million euros allocated to expand production capacity of Carraro plants in Italy

Agreement signed with all unions for "continuous cycle" machining

New R&D centre and new transmissions line for Carraro in India

The Group consolidates its presence in the subcontinent where Carraro now has over 1100 employees.

The BoD has approved the results of the first half of 2013

Back in profit in the amount of 152 thousand Euros, compared to the loss of 5.5 million Euros in the same period of 2012

Carraro: banks support the Group's development

Important agreement signed with major banks to review medium-to-long-term and confirm short-term loans.

Board of Directors approves first quarter 2013 results

Increase in margins compared to first quarter 2012 thanks to entry into new markets, introduction of new products and improvement of industrial processes

The Shareholders’ Meeting approves the 2012 Financial Statements

Carraro Drive Tech is a partner of the world's largest tracked crane

Installing drives on a 4500 tonne XCMG machine

Draft financial statements for 2012 approved

The improved results in the mechanical Business Units is offset by the negative figures of Elettronica Santerno

Five-year agreement between Carraro and Agco in China

The contract, worth a total of € 25 million, for the supply of transmission systems for the new range of Massey Ferguson tractors made in the Changzhou plant

Public disclosure requirements

In accordance with Consob resolution no. 11971 of 14.5.1999, as amended

Carraro Drive Tech SpA and Gear World SpA merger plan

The main objective is achieving further focus on core business

Carraro-CNH: contract worth 360 million Euros in four years signed

Renewed until 2016 the agreement in place for the supply of axles and transmissions, with the addition of new application areas

Elettronica Santerno: continues its expansion into international markets

A supply agreement worth 13 million Euros for the "Kathu Solar Facility", the most important photovoltaic field in South Africa

Santerno gets the green light to start the supply of the inverter systems for one of the largest solar projects in the world

The Mount Signal Solar Project 1, in Southern California, is a 265 MWp PV plant

The BoD has approved the 2012 3Q results

Consolidated demand from core sectors in contrast with the major crisis continuing on the Italian renewable energies market

The BoD has approved the results of the first half of 2012

Two different trends characterised the performance of the Carraro Group in the first six months of the year

The Board of Directors approves the results of the first quarter of 2012

The excellent performances of the core business (transmission systems) do not compensate the particularly negative effects caused by the significant drop of the Italian photovoltaic market

The Shareholders’ Meeting approves the 2011 Financial Statements

New members join the Board of Directors and Board of Statutory Auditors: Enrico Carraro is the new Chairman, Tomaso Carraro has been appointed Deputy Chairman and Alexander Bossard is the Chief Executive Officer of the Group

Shareholders’ Meeting 20 April 2012

The deadline for the filing of lists of candidates for the appointment of the Board of Statutory Auditors (Sindaci) has been extended

Draft Financial Statements for 2011 Approved

Significant improvement in profitability confirmed compared to the previous year

Preliminary estimates for 2011 results

- Consolidated turnover of more than € 924 mln (+29% compared with 2010)

A letter of intent has been signed with one of the biggest Indian agricultural equipment producer

The framework of the agreement includes the redesign of the new range of agricultural applications destined for the most important international market in terms of volume

The Board of Directors approves the results for the third quarter 2011

Increase of the turnover during the first nine months compared to the previous fiscal year, mainly thanks to the growth of the traditional reference markets, agriculture and construction equipment.

Board of Directors approves 1H2011 results

A considerable increase in turnover and margins in comparison to the previous year

Board of Directors approves 1Q2011 results

Turnover and profitability show strong growth. The Group is once again profitable.

General Meeting of the Shareholders approves 2010 financial

Consolidated turnover of € 717.7 million, +47% compared with 2009 (it was € 487.4 million)

Draft financial statements for the year 2010 approved

Consolidated turnover of € 717.7 million, +47% compared with 2009 (it was € 487.4 million)

Preliminary year-end estimates 2010

Consolidated turnover of over €717 million (+47% from 2009)

The Board of Directors approves the results for the third quarter 2010

Great improvement in turnover and profitability compared with the previous year

2010 interim results approved by the Board of Directors

Turnover has increased notably and profitability has improved compared with last year thanks to the recovery in volumes in every business area

SIAP sells the STM forging company

Strategy of focusing on core business of gears confirmed

Friulia acquires stake in SIAP

New outlooks for the Maniago (Pordenone) gear hub

Board of Directors approves results for first quarter 2010

Thanks to a moderate recovery of the reference markets and a sharp acceleration in the renewable energies segment, there was a turnaround in March with turnover up 8.5% compared with 2009.

General Meeting of the Shareholders approves 2009 financial statements

Sales at 487.4 million euro, in contraction compared with 973.4 million euro as at 31 December 2008

"Carraro 2.0" is born

Today, the new 2010-2012 strategic plan will be presented to the financial community

Signed a financing framework agreement with the main banks

The presentation of the Group's three-year plan is expected for 27 April

Draft financial statements for the year 2009 approved

A year strongly influenced by the heavy contraction of all main reference markets closes, with evident impacts in terms of both sales and profitability.

The shareholder’s general meeting approved the cut to number of members of the Board of Directors

A capital increase for Carraro SpA was agreed through the business transfer of the Agritalia company

The Board of directors approves the performance data for the 3rd Quarter 2009

The negative trend recorded in the first part of the year continues, as expected, during the third quarter due to the heavy downturn of the main reference markets

Board of Directors approves results for the first half of 2009

The second quarter of the year confirms the exceptional contraction of demand in the Group’s main reference markets, in every geographical area, with serious repercussions on earnings and margins

Alexander Bossard is the Group’s new CEO

Already head of Corporate Planning strategic management

Carlo Borsari, Group CEO, tenders his resignation to pursue a new professional opportunity

The Board of Directors is to meet next week to nominate a new CEO

Board of Directors approves results for first quarter 2009

Turnover and margins strongly affected by a further slowdown in demand in the Group's main reference markets, continuing the already severe trend evident in late 2008

Renewal of company positions, delegation of powers, appointments of internal Committees

Mario Carraro, Enrico Carraro and Carlo Borsari confirmed as Group's new Chairman, Deputy Chairman and Managing Director

General Meeting approves 2008 financial statements

Members appointed to the Board of Directors and the Board of Statutory Auditors

Draft financial statements for the year 2008 approved

Turnover of 973 million euro, up 19.6% compared with 2007