Numbers can sometimes be open to interpretation, but not when it comes to economics and industry. And the numbers certifying Colnago's continuous growth - detailed in Luca Orlando's article in Il Sole 24 Ore - are of absolute excellence.
After the change of ownership that took place in 2020 with the entry of the Arab fund Chimera Investments, also owner of the UAE Emirates XRG team, the Brianza-based company has continued to grow steadily, managing to quadruple its business.
The numbers show that from 20 million in sales, the company has reached the threshold of 80 million with prospects for further growth.
«For the first time – explained Chief Executive Officer Nicola Rosin – we asked our distributors to communicate their orders for the entire year and to date we have already received orders that saturate 2026. The idea we had in our industrial plan was to make our bicycles objects of desire of made in Italy and I would say we are heading in the right direction. It is no coincidence that 80% of our production is destined for export».
Growth is certified by an EBITDA comparable to that of the luxury sector, net profits jumping by over 50% to 15 million, continuous cash generation, zero bank debt and liquidity of 30 million euros with the choice to double the available space, investing ten million for a new warehouse, in order to expand production capacity, launch part of the painting operations, add museum spaces, hospitality areas, and customization services.
Growth that also comes through investments in research and specialized personnel: «We are continuing to hire and strengthen our research team, where aerospace engineers also work. Our collaboration with the Polytechnic University of Milan is fundamental to develop new solutions between materials and geometries, in order to find the best balance between different objectives: aerodynamics, rigidity and lightness. In this first quarter we are growing by 46% and although a slowdown is foreseeable, for this year we are forecasting progress well into double digits. In our five-year industrial plan we estimate a doubling compared to current levels, thus reaching over 150 million».
Also planned is a communication path that will develop through the creation of Colnago Culture, a platform dedicated to enhancing the company's historical, technical and creative heritage through editorial publications, film productions and curated exhibitions.
And naturally Tadej Pogacar, the number one rider in the world, the man who is rewriting the history of our sport, will continue to make a decisive and determining contribution to the growth project. And today he could gift himself a new feat at Sanremo.
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