Valerio Molinari: “Solid financial performance and international growth strategies open up high-potential scenarios for investors”
Ravenna, March 19, 2025 – Ecogest SpA, a leading green maintenance company, closes its 2024 fiscal year with positive financial results and continued growth. Revenues increased +9.46%, with EBITDA marking +9.61%, consolidating the trend of expansion and operational resilience. Net income increased +6.37%, confirming financial strength and the ability to maintain high margins in a competitive market.
Renewed the company’s Board of Directors with the confirmations of Michela Nanni as Chairman of the Board and CEO, Tommaso Molinari and Pietro Torchi Lucifora as directors, the former with extended delegations to the development of foreign activities and the latter with the position also of General Manager, in addition to these is the entry of Dr. Claudio Battini with the appointment of director and was also renewed the Supervisory Board – L231 in which the lawyer Michele Delrio took the position of President.
Growth was supported by further geographic expansion. Entry into the North American market led the Canadian subsidiary to obtain multi-year contracts for green maintenance along Highway 401and HWY 410, one of the continent’s most strategic and busiest junctions. This development represents a strong growth lever for Ecogest, opening up long-term opportunities in a market with enormous economic potential.“The entry into the North American market marks a crucial milestone for Ecogest, with potentially eight-zero backlog scenarios in the medium to long term” said Valerio Molinari, Ecogest’s key shareholder. The opening of offices in Washington D.C. to explore the U.S. market as well, along with the strategic expansion in Canada, are opportunities that further strengthen our international positioning. For investors, these are concrete prospects for growth with positive impacts on return on investment.”
In Italy, the company increased its work portfolio by €14.4 million, bringing the three-year backlog to more than €57 million. With a focus on maintaining margins and agile management, Ecogest is preparing to continue with further sustainable growth and explore new acquisitions in the highway maintenance and road construction maintenance sectors.
At this stage, the Ravenna-based group is initiating a strategic process to evaluate acquisitions that can further diversify its offerings and strengthen its leadership position in the sector both in Italy and abroad, in the non-European sphere the focus clearly North America but also the Arabian Peninsula with particular reference to the United Arab Emirates.