LSWR Group receives the ELITE certificate from Borsa Italiana
Today the awarding ceremony takes place at Palazzo Mezzanotte
Milan, November 6, 2017 - LSWR Group received the Elite certificate from Borsa Italiana. This attestation represents an acknowledgment of excellence for the Group, who is even more competitive today in Italy and in Europe, thanks to both its internal and external growth and the consolidated revenues of 2017, amounting to 39 million euros, compared to 29 million euros in 2016.
The ELITE project, an innovative service platform created by Borsa Italiana in 2012 and replicated in several European countries, allows the best Italian companies to grow through a well-defined path for adopting an institutional approach to financial markets. In addition, the platform gives businesses the possibility of seizing new visibility and networking opportunities, enhancing their reputation with respect to the various stakeholders. To date, more than 600 companies have joined the ELITE program and have accepted the challenge of representing the best in our Country.
Giovanni Viganò, CFO of LSWR Group commented: "The Elite process, concluded with the final certification, has been a key milestone in our growth, during which we have launched new working procedures and methodologies, in line with the highest standards required for those who choose to emerge on regulated markets. All this thanks to the dedication of the internal Finance team, the support of accredited professionals who have given a positive boost to our processes and the banking institutes that have believed in our industrial plan and have supported it financially. We are most thankful to all of them."
Giorgio Albonetti, President and CEO of LSWR Group continues: "Since its incorporation, LSWR Group has embraced a path of growth and transparency towards the market and its stakeholders, a process that has enabled us to move from being an exclusively Italian group with a revenue of 16 million euros to being a multinational group with a revenue of nearly 40 million euros. We are proud to be among the top Italian companies who have received this prestigious certification. To continue our growth, we are exploring the opportunity of looking into the financial markets in the coming months and we are considering the most appropriate alternatives for the Group's consolidation, we are well-aware that our industrial plan, based on the three key directives "Innovation, Growth and Internationalisation ", may awaken the interest of the markets. Special thanks go to the Elite team and to Borsa Italiana for the professionalism of their project and the quality of their training program."
LSWR Group, through its parent company Edra S.p.A., is an international Group based in Milan and leader in the development of communication, information and training products and services for the medical, scientific, and legal sectors. Born with the acquisition of the Italian branch of Elsevier (the world's second largest publisher) in 2013, the Group recorded a consolidated turnover of approximately 29 million euros in 2016 and today operates with a network of approximately 240 employees in Europe. Its most noteworthy activities include: Edra, Dica33.it, DoctorNews, Pharmacist33, PharmacistPiù, PuntoEffe, DentalCadmos, Medikey, L'informatore Farmaceutico - Codifa and the Imagine brand services in the healthcare sector; the civil and criminal codes with La Tribuna brand and the La Tribuna Plus database for the Legal sector; the magazines and training courses with the Quine brand and the Edizioni LSWR publications for the technical sector.
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