STF Loterios, a leading supplier of pressure equipment and heat exchangers in high-quality materials with a long-standing experience in the nuclear sector, acquired in December 2022 by C Capital, files a decidedly positive first half of the year, supported by a new cohesive and motivated shareholder structure in charge of leading the company, in a few years, to become a leader in Europe in its sector.

After the last two years that saw Stf-Loterios lose profitability despite the excellence of its Engineering and R&D, STF Loterios managed in the first six months of this year to regain the lost ground, bringing turnover for the first half of 2023 to €19 million compared to the €13 million for the same period last year, thus marking a 46% YoY and, even more encouraging, bringing ebitda back to positive.

Led by General Manager Marco Donghi, STF also drew up an ambitious multi-year strategic plan, approved by C Capital, targeting an important turnaround, winning ever new markets and international customers and bringing costs and margins back into balance.

"Very ambitious are the plans that target the coming months," comments the General Manager. "We want to move on three paths: on one hand, leveraging on extraordinary growth operations, with targeted acquisitions in Italy and abroad to acquire skills ancillary to ours and strengthen our positioning; then, by leveraging internationalization, looking in particular at the EMEA and Americas to open up new physical access in order to strengthen our presence and commercial strength; and finally, by enhancing the technological equipment of our two production sites, the one in Lombardy and the one in Umbria, investing of course in parallel with a growth in the workforce, which already exceeds 140 units."

Great is the potential offered by foreign markets for new orders precisely in reason of the skills that make STF Loterios one of the few players in the world capable of processing special metals with great professionalism, with certified cycles and products. Not to mention that 80% of the customer base is foreign, with important references in nuclear (EDF and General Electric above all), petrochemical and chemical (Aibel, Yara, Adnoc, just to mention the very latest) and Oil & Gas (Baker Hughes).

"We are truly honored to participate in this restructuring path that, together with STF Management, we are pursuing" adds Antonio Fortuna, General Manager of C Capital. "In only six months of great commitment we have managed to achieve a brilliant result also thanks to the managerial skills and professionalism present in the company; we are ready to support and sustain STF LOTERIOS in achieving the objectives indicated by the guidelines of the new approved development plan."

Who is STF Loterios

STF Loterios is a leading supplier of pressure equipment and heat exchangers in high-quality materials with a long-standing experience in the nuclear sector. Previously known as STF Balcke-Duerr, in early 2023 changed its brand name following the acquisition by C Capital, a financial advisory and equity partner boutique with offices in Milan and Rome, controlled by the Portuguese investment company Ibisco Investments.