Consolidated Financial Statements 2023

As has been the tradition since 2019, yesterday the presentation of the FECS Group’s  Consolidated Financial Statements took place at Edenskyhouse Milan.

In the beautiful setting of the Milanese skyline of Piazza Repubblica, the Group’s top management and the President Olivo Foglieni welcomed seventy stakeholders, showing the recently approved results, the targets achieved and a clear vision of the future.

In 2023, the Group achieved a consolidated turnover of over 290 million euro and an Ebitda of around 18 million euro in a year marked by volatility and price uncertainty within the commodity market, as well as an exponential increase of interest rates. Despite challenges, the Group remains committed to quality, efficiency and sustainability across all Business Units. 

We thank all stakeholders for participating with interest in this event, which has now become a regular appointment, and we will see you again next year.