Export revenues were particularly strong, growing by 33% to make up 57% of the firm’s total business volume. Aristoncavi’s sales doubled in the Far East and grew even faster in the Middle East, thanks to its new sales office in Dubai. Another positive figure was a 6.5% improvement in EBITDA.
Special application cables (resistant to fire and high temperatures, to water and in heavy-duty conditions) represented the segment showing the highest growth, with business volumes up 18.7%.
Aristoncavi, based in Brendola near Vicenza, has 180 employees and is one of the few firms in Italy producing rubber-sheathed cables. It has its own development laboratories working on special rubber compounds for use in external cable jacketing. Its cables have been used recently, among other important tenders, for drilling works on the Mumbai underground water main tunnel, for underground tunnelling at stadiums in London and Belfast, and for electrical wiring at the Madrid Trade Fair.
Previous high-profile contracts have included work on the Monte Bianco tunnel, La Fenice theatre in Venice, the subway system in Caracas, the Auditorium in Rome, tunnels for the Messina–Palermo highway and the provision of 320 km of cabling for Cuba’s electrical grid.