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SIT, preliminary results: 2020 core sales over Euro 317 million. Q4 growth of 5% to Euro 92.8 million.

January 27th, 2021

Padua, January 27, 2021 – SIT S.p.A., a multinational listed on the Italian Stock Exchange which, through its Heating and Smart Metering divisions, creates intelligent solutions for the control of environmental conditions and consumption measurement, reports consolidated core sales of Euro 317.7 million for 2020, a reduction of 8.9% on Euro 348.7 million for 2019 – limiting the COVID impact and hitting the pre-announced targets.

Q4 2020 core sales of Euro 92.8 million, up 5.0% on the same period of 2019 (Euro 88.4 million).

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