Istituto Poligrafico e Zecca dello Stato (MEF), approved the 2022 budget: profit of over 65 million euros

Def the MEF publishes the text Giorgetti realistic to aim

(Finance) – On March 28, 2023, the Board of Directors of theState Printing Institute and Mint100% owned by the Ministry of Economy and Finance, has approved the Draft Budget 2022, which will be submitted to the shareholder’s meeting. All economic-financial indicators are clearly growing.

The economic management ends in 2022 with a net profit for the year by 65.4 million euros (+29% compared to 2021), despite supply difficulties and energy price increases; The sales it is equal to 499.2 million euros (+19% compared to 2021); the gross operating margin (Ebitda) reached a value of approximately 160 million euros (+17% compared to 2021); The investments reached approximately 69 million euros (+74% compared to 2021), corresponding to 13.8% of turnover.

The results achieved on the front of the are also important sustainability. Economical: accelerated the process of professional integration in the fields of innovation, digital, IT and cybersecurity, in line with the Company’s strategic and industrial evolution. gender Gap: increase in the incidence of women in leadership roles (managers and middle managers), with the number of women managers rising to 21.9% of total managers (16.7% in ’21), as well as the number of women in the first lines it rises to 18.2% (8.3% in ’21). In addition, the gender pay gap which has been almost eliminated in all professional categories (supervisors from 6.7% in ’21 to 3.5%, office workers from 3.6% to 2.4%) and greatly reduced for executives ( from 20.4% in ’21 to 7.6%). Environmental: processes activated for the recovery and treatment of water for reuse in the production cycle, which led to a reduction in supply (-21% of water withdrawals, -265,000 m3/year) and in the discharge of industrial water.

“We are satisfied with the results achieved – he comments Frances Reich, Chief Executive Officer and General Manager of the Istituto Poligrafico e Zecca dello Stato – not only from an economic and sustainability point of view, but also for being a forward-looking, flexible and reliable industrial and technological partner of the State. In the current year we have made available new functions to simplify the digital experience associated with the Electronic Identity Card, now as easy to use as the SPID; we have doubled the number of Electronic Passports produced and this year we would double again, supporting the exponential increase in requests. We have consolidated our support for the enhancement of Made in Italy with the Digital Passport, reengineering its online component and extending it to other PDO and PGI agri-food excellences; more traditional products such as numismatics also grew (+26% vs 2021), supported by experiments in the NFT sector”.

“Over the years we have all worked together to make the Company more innovative, proactive and authoritative in fulfilling its mission of guarantor of Public Faith and in support of the country’s digital transition” – he says Paolo Cento, President of the State Printing Office and Mint.

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