A positive 2022 for CDP which closes the first semester with theNet income to approximately 1,5 billion euro, an increase of over 120 million (+9%) compared to the first half of last year. A result achieved despite the reduction in income deriving from the management of the securities portfolio.
“The positive results of this first half-year, in a complex period from a geopolitical and climatic point of view, show how Cassa is pursuing with determination towards the objectives of the 2022-2024 Strategic Plan, starting to reap the benefits of its commitment both in to business initiatives and with respect to the impact generated on the community”, declared the CEO Dario Scannapieco.
Cassa Depositi e Prestiti: results and activities for the first half of 2022
In particular, theconsolidated net profit more than doubled to €3,7 billion (€1,4 billion in H2021 XNUMX), largely due to the contribution of Eni (+€1,7 billion compared to the first half of 2021). The result attributable to the Parent Company amounted to 2,8 billion euros (+2,6 billion compared to the first half of 2021).
In the first half, the Group employed resources of around 11,5 billion, in line with the 11,6 billion of the first half of 2021, which allowed the activation of investments for a total of 28,5 billion euros, with a leverage effect of 2,5 times the resources committed in the period.
Worth noting is the launch of CDP's support for the administrations responsible for Pnrr interventions, the approval of the first three sectoral strategic guidelines, the ESG Plan and the general responsible financing policy.
Il total assets it stands at 411 billion, slightly down on the figure at the end of 2021 (413 billion), with a stock of loans growing to 116 billion (114 billion at the end of 2021).
Also, in line with the 2022-2024 Strategic Plan the “Diversity, Equity and Inclusion” Policy was launched with the aim of promoting these values inside and outside the Group. On the other hand, the first general policy on responsible financing was approved at the Board meeting last June.
Cdp: 1 billion for companies affected by the Ukraine crisis
The Board of Cassa Depositi e Prestiti has launched new operations for over four billion euro including loans, renegotiations and additional resources for credit lines in support of territories and businesses. Of these, one billion for medium and long-term loans for companies affected by the geopolitical and energy context connected to the conflict in Ukraine.
Massoli new CFO and manager in charge in place of Ragni
Finally, Cdp communicates that Fabio Massoli from next September XNUMXst he will be the new director of administration, finance and control (CFO) and manager in charge of Pier Francesco Ragni.
Massoli, in Cdp since 2015, has until now been Head of Finance and Deputy CFO of Cassa. Previously he worked in positions of increasing responsibility in Unicredit and in the BNP Paribas Group. He has been a member of numerous boards of directors of listed and unlisted companies, is currently a director of ASPI and is an adjunct professor at the Luiss Business School for the Master in Corporate Finance. In his new role, Massoli will report to CEO Scannapieco.
