Bravi Reports Record Revenue, Planned Plant Expansion

Bravi Reports Record Revenue, Planned Plant Expansion

Despite the still uncertain times and the continuous challenges brought up by the pandemic, BRAVI ended 2021 with an unprecedent increase in revenue.

In 2021, Bravi’s sales volume rose by 70% over that of 2020, and by 81% from the average of the past three years.

Leading the way were a 196% increase in sales of the Leonardo HD model and a solid 26% increase for the stock picker range.

Based on the projected growth rate of the current order balance, which today is 2.5 times higher than it was at the same time in 2021, Bravi is planning new industrial property investments that will be consolidated 2022.

“We need to invest today in order to support the growth that will take place not only in 2022, but mostly in the forthcoming years,” said Pierino Bravi, managing director. “The positive feedback we constantly receive from our customers makes us very confident on the impact that our range of products can generate on the market during the next years. To better consolidate this conscious expansion, for 2022 BRAVI has already planned investments up to 1 million Euros.”

In light of that, Bravi says it expects 2022 results to be about 50% more than in 2021.

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