The ordinary company meeting was held on Tuesday 9 June for the approval of the 2019 financial statements, this year also accompanied by the report of the Auditor (official body) who expressed a positive opinion both as for the form as well as for the substance.

After the approval of the financial statements, the shareholders’ meeting also confirmed the outgoing board of directors to which all recognition was expressed for the results for the year 2019 and in particular for all the initiatives put in place to deal with the terrible pandemic situation that we are going through.

At the end of the meeting, the Board of Directors newly appointed by the meeting met immediately.

In addition to confirming the Chairman, the BoD renewed the assignment to Daniele Faoro as CEO, congratulating him on his dynamism and on how he managed to maintain and enhance the group cohesion. Sincere compliments also go to all this magnificent attack group which, at any level, with determination and passion, seeks and seizes every possible opportunity.

The board then examined and approved the investment plan presented by the CEO who will protect the company from the inevitable threats arising from the current situation.

Finally, considering our obstinate propensity to always move forward, after the temporary suspension in the last quarter, the BoD has resumed the preparation of the three-year plan that will lead the group to double its revenue.

“I am and we are very positive in thinking that with this group of collaborators and with an excellent guide, as Daniele has shown himself to be, not only will we go beyond the pandemic, although how much we will have to suffer, but we will also reach those ambitious goals above: hold on guys, we can do it. Are we purebred horses or not? “

A warm greeting and best wishes from your President.

Edoardo Elmi, Chairman