Nacanco marks 15 years with sales growth
By Euan Youdale01 November 2016
Italy-based Nacanco has reported growth in the first half of its 15th year in the aerial work platform rental sector, along with fleet expansion and a new branch in Verona.
Marzia Giusto, managing director, said sales were up 5% compared to 2014, and that operating profit is also on the increase, partly thanks to longer average rental contracts and utilisation growing from 62% to 65%.
“We also must not forget the positive results in relation to the safety courses offered by sister company Nacanco Service, which has grown in terms of turnover, number of certified operators and range of different training facilities provided,” said Giusto.
The company’s ReRent service has also seen positive results, said Giusto, in which it sources requested equipment from partners. “Overall, we expect to keep the current growth rates and margins until the end of the year.”
The announcement comes as Nacanco marks 15 years in the aerial equipment rental sector. It celebrated with an open day at its head office in Montichiari, Brescia, to which employees and their families were invited.
In terms of fleet investment, the company has recently bought JLG electric scissor lifts, with 8m-10m working heights, an 18m JLG diesel articulated boom lifts. Additionally, it acquired 20m Socage truck mounts. Ramon Santamaria, commercial director of Nacanco, said, “It is part of the company’s strategy to increase the level of services offered to final users, both in terms of the variety of equipment we offer and in terms of presence on the territory, as the opening of the new branch in Verona shows; a branch that adds to the 14 already active across Italy."