(Finance) – The Board of Directors of Renovate it Benefit company, operating in the sector of urban regeneration and recovery of real estate structures, listed on the Euronext Growth Milan market, has approved the KPIs as of 30 September 2024.
“Despite the difficult economic period experienced in the first part of the year – between the sudden stop of the tax bonuses aimed at private construction and difficulties in the grounding of the PNRR projects by the PA – which impacted the results of the first half of the year, this second part of the year is proving to be more dynamic from the point of view of the orders acquired and which see Renovalo in the short list of possible contractors”, he comments Guerino CilliPresident and CEO of Renovalo.
The manager explained that the backlog “continues to grow on both the retail and corporate sides” and “the number of invitations to tender procedures called by the PA is increasing”.
“The volume and quality of the orders in the portfolio in the various sectors – concludes Cilli – represent a strong indicator of the growth expected for the next few years, and at the same time offer opportunities for consolidating the know-how and positioning of the company in the sector”.