The Economics

In recent years, by offering integrated services in different sectors, Proger has managed to consolidate its role as a General Engineer able to adapt to the variability of demand through a multidisciplinary approach.

In 2020, the Italian SpA alone will show a turnover of around 83 million euros (compared to 89 million in 2019) and a Group turnover of around 130 million euros.

The slight decline recorded in 2020 (-7.3%) has been caused by the postponement of some orders to 2021-2022, due to the COVID-19 pandemic emergency. Nevertheless, the company was called upon to play an essential strategic role to face this emergency by providing services in the health, energy, transport and logistics sectors, as well as procurement of medical equipment and devices.

Also for this reason – and for some recent acquisitions in the maintenance engineering sector – a strong increase in revenues is expected in the three-year period 2020-2022. The turnover forecast of the Italian Spa alone stands at 128.7 million in 2021 and 130, 6 million in 2022.

The compound annual growth rate (CAGR) is expected to be + 13.8%.

The contribution margin will increase from the current 25.6 million to 39.9 million euros in 2021 and 41.1 in 2022.

EBITDA will go from 8.6% to 15.5% in 2022.