For the first quarter Itema’s turnover increased by 15 per cent compared to same period last year. Itema is a provider of weaving machines, spare parts and integrated services. It invests three per cent of its turnover every year in research and innovation.

The company’s main textile markets are China, Turkey and India.

Since 2012 Itema has succeeded in more than doubling the sales of its weaving machines.

In 2017 Itema acquired a majority interest in Lamiflex, a leading supplier of technical composite products for the textile, aeronautical and medical industries. The acquisition of majority stakes in Lamiflex is the first in a series of important operations meant to ultimately accelerate the continued expansion and secure the long-term profitability of Itema by diversifying into complementary, high-growth markets through stakes in innovation-driven companies.

With i Saver, Itema has pushed the boundaries of innovation in the weaving industry. For the first time since the launch of the industrial weaving machine Itema introduced a breakthrough innovation able to completely eliminate the waste selvedge on the fabric left side leading to substantial, real and measurable savings for denim weavers.

Itema will concentrate its extensive R&D efforts on offering better, smarter, faster solutions, increased performances, reduced consumption and enhanced user-friendliness.