Panguaneta Plywood has been listed among the top 1,000 Italian Champion companies by the ItalyPost study centre based on its financial statements from 2012 to 2018. The list was published in March on L’Economia, a magazine of the Corriere della Sera newspaper.

Panguaneta Spa is a LEADING COMPANY both in Italy and in Europe in the production of poplar plywood. It introduced industrial changes resulting from sixty years of activity, thus promoting the innovation of the production processes, the ability to manage any criticality and to anticipate the trends and needs of the markets thanks to a careful sales strategy, in-depth knowledge of the industry, the top-quality services and products with increasing attention paid to sustainability and the total traceability of the supply chain.

The turnover amounting to € 77,756.00 million in 2018, with a 10% annual increase between 2012-2018, allowed Panguaneta to be mentioned among the best performing Italian companies: Panguaneta, modern and competitive, boasts an extremely qualified sector position; this family-run company has been able to grow and reinvent itself by investing its profits in process and product innovation, thus reaching the international markets all over the world. Today, Panguaneta exports 85% of its production to 25 Countries.

The company is the typical Italian SME relying on the principles of solidity and transparency, which are shared by its financial management: the average EBITDA in the last three years is equal to 11.68%.

Panguaneta strongly believes in the importance of quality as a driving factor for improvement and greater competitiveness, therefore, its highly qualified and competent staff is involved in continuous training projects. The company employs 200 people with an average turnover per employee of € 400,000.

Now, this solid, innovative and constantly growing company is facing an anomalous year due to the current health emergency. However, despite the present difficulty, Panguaneta is committed to safeguarding the corporate system for the sake of the whole supply chain, including its cooperators and customers.