{"id":628,"date":"2021-05-31T16:13:31","date_gmt":"2021-05-31T14:13:31","guid":{"rendered":"https:\/\/www.politecnica.it\/annual-report-2020\/?page_id=628"},"modified":"2021-08-26T12:25:03","modified_gmt":"2021-08-26T10:25:03","slug":"our-2020","status":"publish","type":"page","link":"https:\/\/www.politecnica.it\/annual-report-2020\/en\/our-2020\/","title":{"rendered":"Our 2020"},"content":{"rendered":"
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A year of further growth projects us towards a new development plan<\/h2>\n<\/div>\n
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Solid results in 2020 despite the Covid-19 pandemic context<\/div>\n<\/div>\n
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The year 2020 completes the three-year period of Politecnica’s 2018-2020 business plan, whose objectives have been fully achieved, and confirms the consolidation of our Company.
\nSpecifically, despite the market context being profoundly affected by the Covid-19 Pandemic, Politecnica has managed to achieve significant growth and development with a turnover exceeding \u20ac18 million<\/strong>, an order book over \u20ac41 million<\/strong> and a net assets increase by more than 10%<\/strong> over the three-year period 2018-2020.<\/p>\n

A solid income and capital situation that allows us to face the future with confidence and aim for significant growth over the next three years.<\/p>\n

In 2020, foreign production was 30%<\/strong> of the turnover, in line with the Company’s objectives, which see overseas projects contributing a physiological share of one-third of revenues, despite a slight decrease versus 2019, due to the suspension of international tenders from large Donors providing Politecnica’s reference acquisition market.<\/p>\n

In Italy, we continue to invest in the Lombardy area, where Milan office<\/strong> remains central to Politecnica’s growth policy, in order to seize the opportunities offered by that live market, thanks to important development projects underway and planned for the coming years. This is confirmed by the acquisition, in the early months of 2021, of orders in the public and private health care market in Lombardy, in continuity with the strategy of strengthening Politecnica’s presence in the area, also through an increase in the professionals employed in the office.<\/p>\n

In terms of sectors, the year that ended reported a further strengthening of the infrastructure, hospital and large private clients markets.<\/p>\n

With the need to make intensive use of smart\/agile working, which was already a modus operandi<\/em> of the Company in the past, in 2020 Politecnica further increased its investments in digital infrastructure<\/strong> (hardware and software) compared to 2019, with a percentage equaling 5%<\/strong> of its turnover (almost \u20ac900,000), thus allowing over 250 people to work remotely by using state-of-the-art IT and network equipment.<\/p>\n

Best-of-breed technology is one of the distinctive assets of our work. Thanks also to the fruitful dialogue with Partners and Clients, we have continued our commitment to promoting and supporting large-scale national and international projects, where BIM technology<\/strong> is applied according to the most recent regulatory standards, enabling us to further improve our management system with a view to multidisciplinarity and an ever increasing focus on the aspects related to the timing and cost of works (4D and 5D).<\/p>\n<\/div>\n<\/div>\n

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Economic and financial dimension<\/h2>\n\n\n
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