16-11-2022

“Serving as both executives and owners of a family-led company allows us, if needed, to change strategy quickly, in keeping with the market’s evolution and the growing need for digitalization, while still maintaining a long-term perspective. Our solid foundation of know-how allows us to project our business abroad as well.”

These were the words of Marco Tripi, CEO of Almaviva Group, in an interview by Giorgio Rutelli for Formiche.net.

Almaviva will surpass the €1 billion mark in sales this year, registering orders from the US, the UK, Finland, Saudi Arabia, Belgium, and Switzerland, as well as from the Ministry of Justice in Tanzania. The company has 44 locations in Italy and is set to hire 1,000 people this year.

The figures, which the group recently presented to analysts, show an operating margin that has increased sixfold in five years (up 25% percent since 2021). The backlog of orders is worth 3.5x the revenue, a record breaking parameter not just in Italy, but at the European level. S&P just recently raised the rating to BB-.

“Our company has two main strategies: we either invest in the sectors in which we’re experts, or in the two markets that we know best, namely Italy and Brazil, where we’ve been present for many years,” says Marco Tripi. “And an important order has just arrived from Washington, in the rail transport sector where we’re leaders.”

“Our hybrid organizational model allows us to focus heavily on inland areas and the South, yet we’re also attractive abroad: the number of foreigners applying to work for us is growing.”

For many years “we’ve been focusing on a ‘responsible’ business culture. This year we’ll publish our first sustainability report. The certificates we obtain aren’t merely proof of compliance, but evidence of a commitment to integrate and promote activities that have a positive impact on the environment and society. Like our in-house academies and our collaborations with universities.”

“We have significant financial resources for acquisitions and are making some targeted ones in Italy in the high-tech sector. Diversifying allows us to feel more comfortable in this rapidly changing environment. But, as opposed to others, we don’t intend to sell, but rather reinvest and continue to grow, restoring Italy’s power in the technological field as well.”