Radici overcomes "uncertainty" to post 20% increase in revenue
06/07/2018
The group’s net income for this period rose 60% year on year.
“Our competitive system operates with respect for people and the environment,” said Angelo Radici, president of the Radici Group. “The financial statement figures show that our group is sound and in excellent financial condition, in spite of the high levels of uncertainty that characterise some of the widely diverse scenarios in which the group operates.”
For his part, chief financial officer Alessandro Manzoni said the group is also “very pleased” with its results for the first half of 2018. He gave no specific details but said revenue had increased compared to the same period of last year. However, he also said Radici is more cautious about the second half of 2018 due to “the new climate of political uncertainty”.