Despite a complex international context, Tecnottica closed 2024 with a turnover of 6.95 million euros, maintaining a stable performance compared to the 7.1 million euros recorded in 2023. Thanks to a strategy of diversification of customers and technological sectors, the company was able to counteract the decline in orders from the German market, in particular from the automotive sector.
2024 Balance Sheet: Results and Successes
In 2024, Tecnottica achieved significant results in various areas, the aerospace sector confirmed its position as the company’s primary driver of revenue, representing the most profitable segment and significantly contributing to annual results; together with the domestic market, which recorded growth to compensate for exports, which saw a slight decline compared to previous years, although maintained a significant share of around 40% of the overall turnover.
Tecnottica also consolidated its international presence, successfully entering the Indian market thanks to the collaboration with a new local agent. This milestone represents an important opportunity to further strengthen the company’s presence in one of the most dynamic markets of the moment.
On the organizational side, the company has invested in the development of its team. The Scandicci plant has seen the expansion of the Coating department, with the entry of a new specialist, bringing the number of employees in this strategic sector to four. Meanwhile, the Calco headquarters has maintained a stable workforce, ensuring continuity in production operations and quality control, essential to preserve the high standards that characterize Tecnottica.
These results demonstrate how the company has been able to balance innovation, expansion and internal management to maintain solidity and competitiveness on the market.
Goals and Outlook for 2025
In 2025, Tecnottica aims to consolidate its turnover, while focusing on increasing profitability through careful optimization of production processes and more efficient cost management. This strategy aims to keep the company competitive and ready to gather new market opportunities.
One of the key areas of focus will be the aerospace and defense/security sectors, which have proven to be strategic drivers of growth. Tecnottica plans to continue prioritizing these areas to strengthen its market position. On the innovation front, the company is expanding its expertise in optics for infrared applications, responding to increasing market demand and adapting to evolving technological needs.
A central element for 2025 will be represented by significant investments in technology, machinery and digitalization. Starting in June, the expansion and renovation works of the existing plant will begin, leading to a 700 m² expansion, intended for production, metrology and quality control. This project will also include the improvement of common areas and offices, to ensure an even more functional work environment.
Sustainability is another critical aspect of Tecnottica’s 2025 strategy. As part of the facility expansion, the company will install a new photovoltaic system to cover approximately 50% of its energy needs, significantly reducing the environmental impact of its operations.
On the international level, the company aims to strengthen its presence in the United States, a strategic market with promising negotiations already underway.
These initiatives reflect Tecnottica’s determination to prepare for the future, grabbing new opportunities and reinforcing its position as a leader in the precision optics industry. By balancing innovation, sustainability, and strategic growth, the company is well-positioned to succeed in an evolving market.
Challenges and Competition
Tecnottica remains vigilant about market challenges, including increasing competition from technologically advanced companies in the Far East. The ability to maintain high quality standards required by customers is considered a key challenge for the coming year.
“Our focus for 2025 is on operational efficiency and innovation, ensuring we continue to provide high-quality products, designed to meet the evolving needs of our customers,” said Angelo Fasoli, CSO of Tecnottica. “Despite global uncertainties, we are confident that investments in technology, sustainability and skills will keep us in a competitive position for the future.”
Long-Term Vision
Over the next five years, Tecnottica aims to consolidate its leadership in the Italian optical manufacturing sector, while expanding its presence in Europe and international markets. The company’s commitment to reinvesting profits into R&D, infrastructure, and team development remains a cornerstone of its strategy.
“With a young and dynamic management and team, we are ready to face the challenges of the future,” Angelo added. “Our dedication to innovation and quality ensures that we are prepared to support our customers with cutting-edge solutions that meet the highest standards.”