Teoresi Group presented Fiscal Year 2017 resultsCorporate
June 18th-27th 2018 – Turin, Modena, Milan, Naples, Rome
The roadshow for 2017 financial results presentation was held in June, a traveling event dedicated to customers, partners and other stakeholders to discuss together about the future of the activities, new projects, strategies and market opportunities
In 2017 the Teoresi Group achieved a global turnover of 32.7 million euros, and registered a compound annual growth rate of 30.4% in the last 5 years (CAGR 2013 – 2017). With regard to personnel, in December 2017 the number of employees has reached 560, with an increase of 26% compared to 2016.
“The results obtained in 2017 demonstrate the efficacy of our organizational model, which has made Teoresi stronger both operatively and financially. We are now entering a new phase of great opportunities and technological challenges where we can enhance our passion and determination in the innovation of global reference markets. Our values have allowed us to increase our skills and strengthen the ability to respond to customer needs” has commented Valter Brasso, president of the Teoresi Group.
At the end of 2017, the Group’s internationalization project has strengthened with the opening of a new legal entity in Germany. The growth is also evident in Italy, where new offices were opened in Bologna, while Milan and Rome premises were extended. Furthermore, in the first few months of 2018 the Turin and Modena offices were increased. New spaces are planned in 2018 also for the Chicago office. This expansion process will guarantee our employees a stimulating and rewarding environment where to work on innovative technologies and projects, allowing the Group to offer its customers increasingly advanced solutions.
During the past year, a partnership was also established for IoT activities, with the participation in the Io.T Solutions company, a spin-off of Tecno SpA, a company that has stood out for over 65 years design and technological innovation in office furniture..
The presentation of the Fiscal Year 2017 results was held in June, as every year with a traveling formula in the main Italian cities of reference for the Teoresi Group: Turin, Milan, Modena, Naples and Rome.
Teoresi Group – Press Office