May 21, 2018 2:14 AM ET

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Company Overview of Carraro Drive Tech SpA

Company Overview

Carraro Drive Tech SpA designs, manufactures, and markets axles, transmissions, and steel gears to customers in Italy and internationally. The company’s products are used in construction equipment, agriculture equipment, material handling, automotive, and other applications. It also offers after sales and spare parts. The company was founded in 2008 and is based in Campodarsego, Italy with production plants in Italy, Argentina, India, and China.

Via Olmo, 37

Campodarsego, PD 35011


Founded in 2008


39 04 99 21 91 11


39 04 99 28 91 11

Key Executives for Carraro Drive Tech SpA

Chief Commercial Officer
Compensation as of Fiscal Year 2017.

Carraro Drive Tech SpA Key Developments

Carraro Drive Tech Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016

Carraro Drive Tech announced unaudited earnings results for the third quarter and nine months ended September 30, 2016. The company recorded a turnover of EUR 118.4 million in the third quarter of 2016, a drop of 3.3% compared to the EUR 122.5 million recorded for the same period of 2015. The EBITDA in the third quarter of 2016 amounted to EUR 11.3 million (9.5% of turnover) compared to EUR 6.6 million (5.4% of turnover) for the third quarter of the previous year. For the nine months, the company reported turnover EUR 357.1 million, compared to the EUR 423.1 million recorded for the same period of 2015, a decline of 15.6%. Despite suffering from the negative effects on volumes, the EBITDA at 30 September 2016 amounted to EUR 27.9 million (7.8% of turnover), an increase of 20.8% compared to the EUR 23 million (5.4% of turnover) recorded for the same period of the previous year.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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