Industry insights and figures Repair and installation of machinery and equipment

Operating margin
14.3 %
▼ -0.8pp
2020
Companies
33997
2020

Key insights Repair and installation of machinery and equipment

Actionable signals from current data
IT
Average operating result: 14.3% of revenue (2020).
Personnel costs: 25.2% of revenue (2020).
Number of companies: 33,997 (2020).

Sector outlook Repair and installation of machinery and equipment

Automated analytical commentary based on the most recent Eurostat figures

Industry overview

The Repair and installation of machinery and equipment sector across Italy comprises approximately 33,997 enterprises employing about 117,284 people and generating €17.2 bn in net turnover in 2020. The average enterprise size is – employees per firm. This is a useful yardstick when assessing whether your own operation sits within the typical scale band of the sector.

Profitability

With a healthy operating margin of 14.3% of revenue in 2020, the sector reports €2.5 bn of gross operating surplus (Eurostat's EBITDA-equivalent, before depreciation). This figure provides the headline benchmark against which an individual operator can sanity-check their own bottom line, values significantly below indicate cost or pricing pressure, those above suggest competitive advantage worth defending.

Cost structure

The Repair and installation of machinery and equipment cost mix is reasonably balanced: cost of revenue at 61.8%, personnel at 25.2% and energy at – of turnover. Without a single dominant cost driver, margin management requires attention across the full operating envelope rather than focus on any one line.

Trend & trajectory

Over the period 2008 to 2020 the operating margin moved from 11.9% to 14.3% (+2.4 percentage points), an encouraging upward trajectory. Sectors with stable or improving margins tend to reflect successful pass-through of input costs and disciplined capacity management; declining margins typically point to either over-supply or a structural cost squeeze that warrants strategic review.

Costs by category Repair and installation of machinery and equipment

Sector average % of revenue
Log in to see the full 13-year history
Cost structure for Repair and installation of machinery and equipment in IT, 2008 to 2020, expressed as percentage of revenue.
Revenue / costs 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Total revenue 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Personnel costs (total) 20.9% 26.7% 22.3% 24.5% 23.9% 25.1% 24.9% 24.8% 25.2% 25.1% 25.1% 25.4% 25.2%
Gross wages 15.2% 19.3% 15.9% 17.5% 17.1% 18.0% 17.8% 18.0% 18.4% 18.4% 18.2% 18.3% 18.2%
Social and pension contributions 5.7% 7.4% 6.3% 6.9% 6.8% 7.2% 7.1% 6.8% 6.8% 6.7% 6.9% 7.1% 7.0%
Other costs 67.2% 61.6% 65.0% 63.0% 63.0% 61.4% 61.0% 60.4% 58.9% 59.5% 59.4% 59.5% 60.5%
Gross operating surplus (EBITDA) 11.9% 11.7% 12.7% 12.5% 13.1% 13.4% 14.1% 14.8% 15.9% 15.4% 15.5% 15.1% 14.3%
Depreciation 5.3% 7.5% 6.0% 6.6% 6.1% 6.2% 6.2% 5.9% 6.0% 5.8% 5.8% 5.5% 6.3%
Operating result (EBIT) 6.6% 4.2% 6.7% 5.9% 7.1% 7.3% 7.9% 8.9% 9.8% 9.6% 9.7% 9.6% 8.0%

Source: Eurostat Structural Business Statistics (latest available year).

Operating result over 13 years

Sector average % of revenue
Average
13.9%
Peak
15.86%
2016
Low
11.72%
2009
Latest
14.31%
2020

Cost mix evolution

How costs have shifted as a share of revenue

Cost distribution as % of revenue Repair and installation of machinery and equipment (2020)

Recommended next steps

Based on the latest available data for Repair and installation of machinery and equipment