On the occasion of the Euronext STAR Conference, organized by Borsa Italiana in Milan on 25-26-27 March, Altea Green Power CFO Giancarlo Signorini was interviewed by Italia Informa.
The CFO provided insights into the 2024 Financial Statements and the results achieved, stating:
The 2024 results are remarkable; we saw a substantial revenue increase of +118%, and beyond that, this year will go down in history. We accomplished remarkable goals and results; our business strategy enabled us to double volumes and revenue trends, and even triple the profit for the year.
Regarding growth and investment (video interview excerpt):
[..] At end 2024, we approved a new five-year Business Plan outlining Altea Green Power’s strategy for the coming years:
- we have our own “virtual warehouse” comprising our related projects in the renewables sector (photovoltaic, wind, Storage plants), and in the short term, we anticipate further consolidation and growth in the division of projects, followed by a phase of supporting our clients in the development of these plants and their subsequent implementation (co-development);
- from 2027 onwards, Altea Green Power will transition into a more productive phase as a company, where it will tend to make significant investments in its own plants, particularly in the photovoltaic sector, but not exclusively [..]