MIRcolor
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Prima Industrie S.p.A. Country: Italy
Via Antonelli 32, 10097 Collegno (Torino), Italy. Phone +39-11-4103-1
www.primaindustrie.com Brands: Prima, Convergent Laser, Laserdyne
Listed: Nuovo Mercato, Italian stock exchange Prima-Power
Laser machines,sheetmetal machines, and their controls. Manufacturing facilities in Italy, Finland, the U.S., and China. U.S. activities (Convergent Energy, acq'd 2000, and GSI Lumonics' Laserdyne Div, acq'd 2001) merged in 2002 as Prima North America. Italian controls producer OSAI S.p.A. acquired 2007. Acquired Finnish sheetmetal-machine producer Finn-Power 2008 (now Prima Power).
Values in Millions
Fiscal Year Ended Dec. 2010 Change Dec. 2009 Change Dec. 2008
Total Revenue, € 250.0 8% 231.9 -37% 367.3
M-T Revenue, € 250.0 8% 231.9 -37% 367.3
Net Profit (Loss), € (6.0) (8.7) -258% 5.5
U.S. $ Conversion Factor 1.32789 1.39463 1.47134
Total Revenue, U.S. $ 332.0 3% 323.4 -40% 540.4
M-T Revenue, U.S. $ 332.0 3% 323.4 -40% 540.4
Net Profit (Loss), U.S. $ (7.9) (12.1) -250% 8.1
Financial Notes:
Two internal divisions: Prima Power, for laser machines (cut, weld, drill) and sheetmetal machines (punch press/shear, laser cutting, panel bending); and Prima Electro, for control electronics and high-power laser sources.