The group reported a profit before tax and non-recurring costs of €24.8 million on revenues of €358.1 million.
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About Marelli Motori
Marelli Motori is a leading manufacturer of electric motors and generators. Founded in northern Italy in 1891, the company enjoys worldwide brand recognition in the marine, oil & gas, power generation, co-generation, hydro and other industrial sectors.
Marelli Motori employs around 900 people and operates extensive manufacturing facilities in Italy and Malaysia with own subsidiaries in the United States, Germany, the UK and South Africa and has an extended sales, distribution and service network across four continents, supplying its technologically advanced products in more than 120 countries.
On 24 May 2019, Marelli Motori was was acquired by Langley Holdings plc, the British engineering and industrial manufacturing group.