ACIMIT hopes for better second half of the year - sportstextiles: Lea SportsTextiles

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ACIMIT hopes for better second half of the year

29/07/2019
The latest data from the Association of Italian Textile Machinery Manufacturers (ACIMIT) shows that Italian machinery manufacturers saw a decline in orders during the second quarter of 2019. Orders for the three months to the end of June fell by 19% compared to the same period of last year.

Orders from foreign markets were the main reason for this decline; they decreased 21% year-on-year. Domestic orders were stable compared to the second quarter of 2018. 

Explaining these figures, ACIMIT president Alessandro Zucchi said: “The uncertainty due to a tension-laden geopolitical situation was further weighed down for our sector by the awaiting of ITMA, the world’s premier textile machinery fair, which took place in Barcelona in June."

He went on to say that a number of customers had postponed their investment in new machinery until after thee exhibition, adding that early reports from ITMA suggest a more positive second half of the year for Italian machinery makers.  

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