FAAC is the Best Performing Large Company and wins the Italian “Best Performance Awards 2017”

At the end of an operation to analyse an initial sample of 504,000 unlisted Italian companies, the winners of the Best Performance Awards 2017 were announced. These awards are dedicated to companies that excel in economic sustainability, environmental, social and governance questions and have a propensity for development and innovation.

The prize, created by SDA Bocconi School of Management in partnership with J.P. Morgan private Bank, PwC, Thomson Reuters and the 24 ORE group has been awarded to FAAC for the Medium-Large category (turnover of 251-500 million).

With a total score of 90/100, FAAC showed itself to have high performance levels in ESG (Environmental, Social and Governance) questions. “I think FAAC has two points that worked in our favour”, states Andrea Marcellan, CEO of FAAC: “The first is the ability to grow, that is to say the speed at which FAAC has been able to transform itself, evolve and grow, mixing internal growth with acquisitions.

The second is the great ability to self-fund that growth, generating sufficient cash to feed a project that for us is extremely ambitious”