Reevo, Giannetto: cyber risks on the rise, customers ask for data protection

Reevo Giannetto cyber risks on the rise customers ask for

(Finance) – “2021 closed with significant growth, it was a very good year for us. The growth in revenues was organic and within the scope of the growth in margins we have focused on services with high added value: this allowed us to increase both nominal and percentage margins, in a way that we expected “. He told Finance Antonio Giannetto, managing director Of Reevoon the sidelines of the Investor Conference “Mid & Small in London 2022”, organized by Virgilio IR e Mediobanca.

In 2022 Reevo – Full Stack Cloud & Cyber ​​Security provider listed on the Euronext Growth Milan market – aims to grow in the markets in which it is already present and in Europe, through strategic partnerships and a greater presence in the PA, also thanks to the tenders linked to the PNRR. “We aim to grow in the number of our business partnerswhich are our sales channel which then allows us to deliver our services to end users and also by participating in tenders also linked to the PNRRlike the last ones we attended – said the CEO – This will certainly be an important driver for us “.

Meanwhile, the company’s scouting for potential M&A deals continues. “We look at different targets, for sure we are also interested in growing by external means and it is something we are actively doing – said Giannetto – We are looking at various opportunities in the cloud and cyber fields, which are our two core businesses, which we jointly bring to the market “.

With the conflict in Ukraine, the risks for cyber security at an international level have increased. “Our customers ask us to protect their data and their applications – explained the CEO – We do it with a bundle of services between cloud and cyber. Definitely the risks have greatly increased in the last period also by virtue of the macroeconomic vicissitudes we have been experiencing in the last month. This is a moment of extreme attention for us, so we try to communicate this attention also to our customers and our business partners “.

For 2022 Reevo expects “one more year of growth for sure, and why cloud and cyber security are two mega trends that have now consolidated their growth and they are continuing in this direction and both because it is the market we are targeting – medium-sized enterprises – they are still a great prairie to go “.

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