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Corporate

Tax break

Turnover

Rimadesio confirms its positive growing trend: the 2019 turnover has exceeded the 61 million euro, thus replicating the 2018 record and consolidating the results achieved in the previous years.
Significant numbers highlighting a further strengthening of the competitive position of the brand, thanks to the increase in the inland market and the consolidation of the export, stable at 62% of the whole turnover.
Germany and Switzerland are confirmed as the fastest growing European markets; outside EC, Russia is significantly performing. Excellent results also in Latin America and the Middle East.

Typology: dati

Ebit

The operating EBIT result settles to 8.3 million euros. The value is affected by the purchase of new plants for the strengthening of the production structure.. The company has in fact joined the national  4.0 program, by making investments in highly computerised machinery, connected to the company network in 2019, capable of increasing the level of automation of the production cycle.

EBIT – Earnings Before Interest and Taxes – is the result of the company’s operating performance from which the costs for depreciation and provisions are deducted. It indicates the income created by the company during its normal activity, also considering the impact of investments in capital goods or assets.

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Typology: dati

Ebitda

The EBITDA achieved by Rimadesio confirms the company’s careful management of the operating costs. The 2019 value takes into account the significant increase in the workforce, which corresponds to + 18% compared to the previous year, with an increase  both in the production and office staff. The value is also affected by the costs related to the widening of the production space, whose total area now exceeds 30,000 square meters.

EBITDA – Earnings Before Interest, Taxes, Depreciation and Amortisation – is the metric used of the company’s operating performance and indicates, whether it is able to generate income in its normal activity, without considering investments and extraordinary, financial and tax.

Typology: dati

Ethical Code

Considering the new regulatory framework defined by Law Decree No. 231/2001, which defines the concept of Corporate Administrative Responsibility, the Board of Directors of Rimadesio has approved the Governance and Control Manual that contains the Ethical Code of Conduct and the Organisational Rules applied inside the company. By adopting the Code of Conduct, Rimadesio confirms that its guiding principle for all activities performed is compliance with the law and with all regulations, both Italian and foreign, in a framework of integrity and fairness. The Code defines ethical values that are common both to the company Rimadesio’s strategic decisions and to all its personnel in terms of individual responsibility.

Typology: corporate
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