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SOLGROUP a breath of life SOL GROUP PRESS RELEASE NINE MONTHS 2021 SALES Consolidated net sales € 813.2 ml ( + 14.8 % vs € 708.3 ml of 3Q 2020 ) These are the highlights of the sales of the first nine months of 2021 examined earlier today by the Board of Directors of SOL S.p.A. , a listed company on the Italian Stock Exchange that acts as holding company to a multinational group with more than 5,000 employees , involved in the businesses of technical gases and home - care assistance , operating in Europe , in Turkey , in Morocco , in India , in Brazil and in China . The first nine months of 2021 were characterized , especially in the first months of the year , by the significant persistence of the spread of the COVID - 19 pandemic , which subsequently recorded , starting from the month of May , a strong slowdown in almost all countries , also thanks to the progressive increase in the vaccination rate of the populations . In this difficult context , however , there has been a remarkable recovery of many industrial activities which , on the contrary , especially in the second quarter of 2020 , had suffered a sharp slowdown due to the lock - down decided following the first wave of pandemic spread . The economic recovery scenario , also favoured by the stimulus measures adopted by the fiscal policies of advanced countries , was accompanied by huge increases in the prices of raw materials , both energy and metallurgical and chemical , with consequent increases in production costs and , in the last months , including inflation . In the highlighted context , in the nine months of 2021 Sol Group achieved a growth of 14.8 % in sales volume compared with the same period of 2020 ( 10.8 % at the same perimeter ) . The positive result is due to the sales in Italy , amounting to € 337.4 with an increase of 10.5 % , and abroad , equal to € 475.8 , where the growth was of 18.1 % . With reference to the two businesses of the Group , the sales of the Technical Gases Division were € 401.8 with a growth of 28.6 % , whereas the sales of the Home Care Division , in which the Group operates through VIVISOL , were € 411.4 and marked a growth of 3.9 % . " We consider in a very positive way the results achieved in the first nine months of 2021 " affirmed Marco Annoni , Vice - President of SOL S.p.A. " which confirm the SOL Group's ability to knowing how to grow even in an economic context that differs from country to country , seizing the opportunities generated by the resumption of industrial activities “ . " In the year 2021 " , concluded SOL Chairman Aldo Fumagalli Romario , " the SOL Group will continue its investment programs , with the aim of achieving good sales growth and maintaining profitability at appreciable levels , despite the tremendous ongoing increase in the costs of electricity , transport , and raw materials " .