Sabaf S.p.A. wishes to announce that the 2022 Annual financial report, which includes the draft financial statements for the year 2022 and the consolidated financial statements of the Sabaf Group, along with all the attachments required by the laws in force, is available to the public at the registered office, at Borsa Italiana S.p.A., on the authorized storage system www.emarketstorage.com and in the Investors, Shareholders' meetings section of the Company website www.sabafgroup.com.
Also available are the 2022 Report on Corporate Governance and Ownership Structure, the Consolidated non-financial statement and the 2022 Report on Remuneration.
The financial statements or the summary of the fundamental last financial statements' data of the Group subsidiaries, prepared pursuant to article 2429 paragraph 3 and 4 of the Italian Civil Code, are available to the public at the registered office, in accordance with art. 77 paragraph 2-bis of the regulation adopted with Consob resolution no. 11971 of 14 May 1999.
For further information:
Investor Relations
Media relations
Gianluca Beschi
Maria Giardini + 39 340 5104775
tel. +39 030 6843236
mgiardini@twistergroup.it
gianluca.beschi@sabaf.it
Arnaldo Ragozzino + 39 335 6978581
www.sabafgroup.com
aragozzino@twistergroup.it
Founded in the early fifties, SABAF has grown consistently over the years to become the key manufacturer in Italy - and one of the leading producers in the world - of components for household appliances. The production is broken down into three main lines: gas cooking components (valves and burners), hinges and electronic components. Technological expertise, manufacturing flexibility, and the ability to offer a vast range of components - tailor-made to meet the requirements of individual manufacturers of cookers and built-in hobs and ovens and in line with the specific characteristics of its core markets - are Sabaf's key strengths in a sector featuring major specialisation, constantly evolving demand and an ever-increasing orientation towards products assuring total reliability and safety. The Sabaf Group has more than 1,500 employees. It operates through its parent company SABAF S.p.A. and the subsidiaries Sabaf do Brasil, Sabaf Turkey and Sabaf China, active in the production of domestic burners, A.R.C., which produces burners for professional cooking, and Faringosi Hinges and C.M.I., leader in the production of oven and dishwasher hinges, Okida and P.G.A., operating in the field of electronic components for household appliances.
Sabaf S.p.A. published this content on 06 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 April 2023 16:03:03 UTC.
Sabaf SpA is an Italy-based manufacturer of components for domestic gas cooking appliances. The Company specializes in the design and manufacture of non-ferrous alloy components for household gas cooking appliances. The Company has two operating segments: gas components, and hinges. It offers a range of products, including multigas valves, for free-standing cookers, as well as for built-in hobs; one-way and two-way multigas thermostats, with or without safety devices; gas burners, and hinges. There is also a range of accessories for each product line. It sells its products to manufacturers of cookers, hobs and ovens. The Company has several wholly owned subsidiaries, such as Faringosi-Hinges Srl, Sabaf Immobiliare Srl, Sabaf do Brasil Ltda, Sabaf Mexico SA de CV, , among others.