- Revenues of €592 million and net profit of €30.3 million
- Exports accounted for 81% of revenues
- Investments amounted to €45 million
- 3% of turnover invested in R&D
- Significant strengthening of presence in India, in line with the local-to-local strategy
- Average number of employees increased to 3,059
With 3,059 employees, the Group closed the year with consolidated revenues of €592 million. Foreign revenues accounted for 81% of the total, while Italy contributed 19% of the revenues.
Overall, the revenue breakdown by geographical area was: EMEA - Europe, Middle East, and Africa (excluding Italy) 51%, Americas 16%, and APAC - Asia Pacific 14%.
EBITDA stood at €102 million, while net profit reached €30.3 million.
The Group generated a cash flow of €95 million.
Total investments amounted to €45 million.
In 2024, Camozzi Group continued to reinforce its “local-to-local” model, establishing a direct, productive, and commercial presence in key global economies (Europe, USA, China, India). This approach strengthens operational resilience by consolidating relationships with both customers and local partners. The Group has a direct presence in 78 countries, with 25 production plants across Europe, the USA, China, and India, and 39 subsidiaries or service centers.
In recent years, the Group has significantly increased industrial investments to enhance its direct presence in the United States and major Asian economies. In particular, the Group has consolidated its presence in India through a series of investments aimed at strengthening the local supply chain and expanding production capabilities. Key milestones in the country include the inauguration of a new manufacturing plant in October 2024, the launch of a training center, and the progressive development of a local R&D hub for its subsidiary Camozzi Automation.
The presence of Marzoli Machines Textile in the Asia-Pacific region has also been strengthened. Although 2024 was a year of severe crisis for the global textile sector, the company invested in consolidating production and assembly operations in its Indian facilities. In 2025, it further strengthened its solid presence in Turkmenistan through a renewed agreement to modernize the country’s textile plants, following a visit by the Minister of Textile Industry to the Palazzolo facility on May 29. The strong synergies that the company is developing in international markets confirm its ability to transform the textile industry globally, supported by major investments in advanced technologies and patented processes for recycling and producing high-quality fibers.
While technological know-how, process integration, and global presence are strategic levers, the company’s stability is also reinforced by the diversification of sectors served by its Divisions. The Group’s portfolio ranges from the production of large-scale machinery to highly miniaturized, interconnected components, as well as the development of software and algorithms leveraging cutting-edge technologies. In recent months, thanks to the work of Camozzi Digital & Mechatronics, the Group has developed a cognitive platform that uses generative artificial intelligence to integrate certified production data and autonomously execute industrial processes. The goal is to support operators and managers using natural language. Currently, four AI agents are undergoing operational testing at Group facilities.
Led by the Camozzi Research Center (CRC), R&D investments accounted for 3% of total turnover and are focused on identifying and testing key technological megatrends to quickly translate them into industrial solutions. The research center also excels in creating value through collaborations and synergies with universities and technology partners, including participation in extended partnerships.
The Group is currently involved in four such partnerships, including MICS – Made in Italy Circular and Sustainable – with projects focused on advanced materials for additive manufacturing, robotic solutions to enhance safety and operator well-being in factories, and integrated electronic and mechatronic technologies.
Lodovico Camozzi, Chairman and CEO of Camozzi Group
" In one of the most complex economic and geopolitical contexts of recent decades, we are proud to have closed 2024 with positive overall results, which demonstrate the strength of our strategic model based on broad sector and geographical diversification, the resilience of our people, and our ability to continue creating value even in challenging scenarios,” said Lodovico Camozzi, Chairman and CEO of the Group. He added, “We look to the future with optimism and determination, continuing to invest in research and development, to experiment and adopt next-generation technologies, and above all to strengthen our direct presence in major global markets, with a focus on human resources and local supply chains.”.