DATABANK: 2009 RESULTS OF THE TOP 170 COMPANIES

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1 ECONOMY DATABANK: 2009 RESULTS OF THE TOP 170 COMPANIES Also this year, Databank carried out for Xylon an interesting survey, analyzing the results of the industries closest to woodworking. The 50 most important companies (in terms of net turnover in 2009) were selected in the areas of: "woodworking machinery"; "wood and furniture: production", "wood and furniture: sales, while the top-20 were included in the wooden windows and parquet segment. For each company, net turnover and number of employees in the 2008/2009 period were measured. For the same period, also the Roe indexes (declared result/own means) were calculated. The ranking of each company is based on the net turnover of The turnover data refer to consolidated financial statements, so in many cases woodworking machinery are just a part of the total turnover. Unfortunately no data extracted by type of production are available. SOME REMARKS... AT INDUSTRY LEVEL The purpose of the survey was to give a picture of the most significant (largest) manufacturers of woodworking machinery and accessories, and their customers. The overall framework can be summed up in tables 1 and 2. Five companies operating in the woodworking machinery ranking by growth rates top ten, while just three companies are included in the revenue-based one. Three companies of the wood and furniture: production industry are included in the growthbased ranking top ten, while two companies are present in the revenue-based one. Two companies of the wooden windows and parquets industry are included in the growth-based ranking and in the revenue-based one. There are no companies in wood and furniture: sales industry ranking growth-based top ten, while three companies are present in the revenue-based one. In Table 1 - TOP TEN: GROWTH Company Net turnover 2009 Net turnover 2008 Turnover variation (000 ) (000 ) 2009/2008 (%) Falcioni Srl 18,658 10, Del Tongo Industrie Spa 40,993 33, Working Process Srl 10,511 8, Scrigno Srl 44,660 39, Rubner Turenwerk Spa 18,738 17, Primultini Spa 12,305 11, Mobilificio Florida Spa 41,866 39, Cassioli Srl 23,192 22, Europeo Spa 45,184 44, Mion & Mosole Impianti Spa 11,041 10, XYLON INTERNATIONAL January-February 2011

2 Table 2 - TOP TEN: INCOME Company Roe 2009 (%) Montagna F.lli Srl Silverox Spa Corali Spa Ipae - Progarden Spa Sicil Legno Srl Centro Tecnologico Italiano Sag Spa Flexform Spa Imeas Spa Legnami Scarpaci Giuseppe Srl Garofoli Spa terms of total dimensions, 170 companies in all four areas considered represent a net turnover in 2009 in about 6,066 million euros, with a decrease, over 2008, equal to percent. For each of the four industries considered, the detailed composition is given in table AND AT ORGANIZATION LEVEL The average size in terms of turnover is 23 million euros for companies in the woodworking machinery industry (it was 37 million euros in 2008); 70 million euros for wood and furniture: production (it was 87 million euros in 2008); 14 million euros for wood and furniture: sales and 36 million euros for wooden windows and parquet industry. With a good average profitability of Woodworking machinery companies, outstanding results were achieved by Corali, Cen- METHOD FOR THE DEFINITION OF RANKINGS The data used in the rankings were provided directly by the companies or taken from their balance sheets. The following calculation criteria were applied. Net turnover: net turnover includes revenues from the sales of finished products, semifinished and raw materials, royalties for know-how transfer, active commissions, fees for leasedout assets and it is net of license fees, Vat, manufacturing duties, discounts and returned sales. For engineering companies, it also includes the variation of current works. Net turnover variation: it is the percent variation of net turnover over the previous year. Employees: employees refers to the average number of employees declared in the balance sheet. Net turnover/employees: it is the ratio between net turnover and average number of employees. Roe: Roe is the percent ratio between net profits/losses and net assets. tro Tecnologico Italiano Sag and Imeas. In terms of growth Falcioni recorded excellent results, while quite good results was recorded by Del Tongo, Working Process, Scrigno, Rubner Turenwerk and Primultini. High productivity per employee characterized the wood and furniture: production industry, with an average of 217 thousand euros, with values above the average for Chateaux D Ax. Only 11 companies of the 170 considered (6.5 percent) recorded a turnover increase. One of the main reasons of this trend so negative was due to the rough shrinkage in exports, representing about 70 percent of Italian production on all major markets. by Emanuela Pezzarossa Table 3 - BALANCES Industry Number 2009 income 2008 income of Companies (000 ) (000 ) Woodworking machinery 50 1,146,436 1,833,366 Wood and furniture: production 50 3,508,850 4,362,289 Wood and furniture: sales , ,791 Wooden windows and parquets , ,384 Total 6,066,016 7,965,830 January-February 2011 XYLON INTERNATIONAL 25

3 ECONOMY TOP 50 COMPANIES IN THE WOODWORKING MACHINERY INDUSTRY 1 Cefla Scarl 215, , Scm Group Spa 206, , , Biesse Spa 186, , , , Cms Costruzioni Mac. Spec. Spa 48,543 68, Pozzo Spa 24,114 34, Imal Srl 23,684 52, Cassioli Srl 23,192 22, Costa Levigatrici Spa 20,374 33, Falcioni Srl 18,658 10, Pezzolato Off. Costruz. Mecc. Spa 16,502 18, Masterwood Spa 15,441 31, Italpresse Engineering Spa 15,310 25, Griggio Spa 14,407 30, Angelo Cremona Spa 14,291 17, Imeas Spa 14,238 17, Delmac Spa 13,685 15, Coral Spa 12,527 18, Primultini Spa 12,305 11, Corali Spa 11,894 14, Ormamacchine Spa 11,644 20, Mion & Mosole Impianti Spa 11,041 10, Giben International Spa 10,749 19, Working Process Srl 10,511 8, n.d. n.c Makor Srl 10,228 14, Stark Spa 9,894 18, Celaschi Spa 9,674 11, Busellato Spa 9,651 22, Paolino Bacci Srl 9,380 14, Elmag Spa 9,353 15, Storti Spa 9,322 22, Centro Macchine Legno Srl 9,276 13, Centro Tecn. Italiano Sag Spa 8,355 10, Centauro Spa 7,896 15, Viet Spa 7,600 12, Uniteam Srl 7,434 12, Sicar Spa 7,221 16, Putsch-Meniconi Srl 6,858 9, Friulmac Spa 6,443 8, Rekord Srl 6,351 7, Manni Spa 6,024 9, Gmc Service Srl 5,942 12, n.d Delle Vedove Levigatrici Spa 5,789 7, n.d. n.c Bre.Ma. Brenna Macchine Srl 5,722 13, , Vivaldi Srl 5,350 6, n.d. n.c. 0, IMmas Aeromeccanica Srl 5,208 6, n.d. n.c Essetre Spa 5,128 7, Tagliabue Fratelli Spa 5,115 6, Esa/Gv Srl 5,088 7, Paoloni Macchine Srl 4,830 10, Vitap Costruzioni Meccaniche Srl 4,800 13,

4 TOP 50 COMPANIES IN THE WOOD AND FURNITURE-PRODUCTION INDUSTRY 1 Natuzzi Spa 365, , , Chateau D'Ax Spa 213, , , Scavolini Spa 174, , Fantoni Spa 166, , B & B Italia Spa 138, , Cucine Lube Srl 122, , Frati Luigi Spa 114, , Veneta Cucine Spa 114, , Gruppo Trombini Spa 108, , Santarossa Spa 104, , Poliform Spa 102, , Sama Spa 102, , Molteni & C. Spa 93,132 93, Snaidero R. Spa 75,128 96, Estel Office Spa 73,904 99, Aran World Srl 73,594 85, Berloni Spa 71,872 86, , Stosa Spa 67,772 66, Alpi Spa 62,239 99, Saib Spa 62,025 82, Unifor Spa 57,608 82, Lema Spa 56,904 78, Reni Ettore Spa 48,352 59, Frezza Srl 46,358 55, Europeo Spa 45,184 44, A.L.F. Uno Spa 44,555 51, Pianca Spa 43,903 50, Mobilificio Florida Spa 41,866 39, Del Tongo Industrie Spa 40,993 33, Boffi Spa 40,913 56, Selva Spa 40,676 52, Flexform Spa 40,311 52, Faram Spa 39,722 49, Record Cucine Srl 39,506 44, IPAE - Progarden Spa 38,545 43, Valcucine Spa 36,426 41, Haworth Spa 35,986 66, Las Mobili Srl 33,629 59, Flou Spa 32,067 39, Knoll International Italia Spa 31,218 49, Arrital Cucine Spa 30,959 38, Moroso Spa 27,588 33, Ernestomeda Spa 27,470 31, Tiziana e Giuseppe Mascheroni Spa 27,453 30, Armet Spa 26,181 27, Ar-Due Spa 26,038 29, Arrex 1 Spa 25,968 32, Invernizzi Srl 25,841 33, Effezeta Srl 24,870 40, n.d. 50 Sicc Spa 24,762 42, January-February 2011 XYLON INTERNATIONAL 27

5 ECONOMY TOP 50 COMPANIES IN THE WOOD AND FURNITURE-SALES INDUSTRY 1 Imola Legno Spa 104, , Corà Domenico & Figli Spa 89, , Florian Legno Spa 43,997 53, Società Legnami Paganoni Spa 38,362 41, Bellotti Spa 28,547 47, Paganoni Importlegno Spa 24,438 27, , Ala Legnami Spa 23,082 30, Piarottolegno Spa 20,780 25, Pino Legnami Spa 17,745 25, Galifi Srl 17,116 33, , Gatti Legnami Spa 16,686 20, Basso Legnami Srl 15,723 17, , Andrighetti Legnami Spa 14,901 16, Michele Alfano Legnameria It. Spa 13,944 15, Lo Castro Spa 12,391 13, Doriguzzi Mario Spa 12,074 15, Panalex Srl 11,746 17, Pe Pietro Legnami Spa 11,432 15, Tts Italia Spa 10,980 13, ,5 1, Legnopan Spa 10,601 13, Albricci Srl 9,995 10, Serugeri Comm. Carmine e C. Srl 8,908 10, Jmel Jesolana Mat. Edili e Leg. Srl 8,660 10, Antonini Legnami Srl 8,576 12, Co.Mo.La.S. Srl 8,032 11, Fratelli Gallo Spa 7,476 12, Piva Srl 7,093 9, G. Luvisoni & Co. Srl 6,760 9, Mar Gi Srl 6,599 9, n.d. n.c Mirrione Francesco Legnami Srl 6,592 7, n.d. n.c Itallegno Spa 6,308 8, Dal Lago Spa 6,297 6, , E. Comotti Spa 5,623 6, Baldovin Legnami Spa 5,200 5, Arduini Legnami Spa 5,198 6, Veneta Legnami Spa 5,018 6, Orazio Salvo e Figli Srl 4,476 4, n.d. n.c Gaspare Mirrione Spa 4,318 5, n.d. n.c F.lli Bertolazzi G. e F. Srl 3,950 5, n.d. n.c Legnami Scarpaci Giuseppe Srl 3,933 4, n.d. n.c Giorgio Marin Spa 3,915 6, Legnami San Giorgio Spa (5) 3,691 4, Legnami Crippa Spa 3,592 4, n.d. n.c Tramontina Spa 3,558 n.d. n.c n.d. 45 Derwood Srl , n.d. n.c Bagnara Legnami Srl 3,041 3, n.d. n.c Torrisi Salvatore Legnami Srl 2,660 3, Barbieri Legnami Srl 2,620 3, n.d. n.c Sicil Legno Srl 2,365 2, n.d. n.c Montagna F.lli Srl 2,340 2, n.d. n.c XYLON INTERNATIONAL January-February 2011

6 TOP 20 COMPANIES IN THE WOODEN WINDOWS AND PARQUET SEGMENT 1 Margaritelli Spa 113, , Cocif Scarl 73,323 84, Cormo Scarl 69,121 86, Elle La Lav. del Legno Scarl 59,074 71, Scrigno Srl 44,660 39, Pail Serramenti Srl 34,928 38, Garofoli Spa 33,997 41, Nusco Porte Spa 29,615 31, Piero della Valentina & C. Spa 29,528 41, Lavoranti in Legno Scarl 27,087 29, Ferrerolegno Spa 26,532 30, Coop. Legno Scarl 25,151 37, Silverox Spa 21,531 27, Rubner Turenwerk Spa 18,738 17, n.d. n.c Soc. Coop. Prod. Serr. Dolcini Scarl 18,400 19, Gazzotti Srl 18,260 23, Albertini Spa 17,750 20, Tre P & Tre Più Spa 17,736 26, G.D. Dorigo Spa 17,454 22, Panto Spa 16,330 19, NOTES n.a. = not available. n.s. = not significant. n.c. = not calculable. January-February 2011 XYLON INTERNATIONAL 29