Enel and Dompè win the 2021 Financial Attractiveness Award promoted by Eccellenze d'Impresa, Arca Fondi Sgr, Gea-Management Consultants and Harvard Business Review Italia, with the patronage of Borsa Italiana. The recognition, now in its fourth edition, is aimed at Italian and foreign companies active in Italy, listed and unlisted, which stand out for their solidity in terms of income, with high investment and innovation capacity and above all capable of attracting financial capital for growth. The jury also acknowledged two mentions specials for each of the two categories go to Saint Lawrence and Sol for listed companies and ad Alfasigma and Frescobaldi for the unlisted.
Specifically, Enel stood out among listed companies “because it is an integrated utility, from generation to the final consumer. Italy represents only the 40% of EBITDA, the remaining part comes mainly from Spain (20%) and South America (30%). Enel is the world's largest player in renewables for installed capacity (49 GW). The company has committed to significantly reduce emissions by setting targets for 2030, 120GW in new installed capacity from renewables and reduction of emissions of CO2 by 80% compared to 2017”.
“I am honored to receive this recognition which rewards our sustainable and integrated business model based on renewables, distribution and advanced energy services and which leverages the central role of digitization – he declared Michael Chrysostom, President of Enel -. The results confirm our ability to create shared and sustainable value for shareholders and all stakeholders, promoting the decarbonisation and electrification of consumption. The profound transformation underway requires that large companies transmit the value of sustainability along the entire production chain, to make Competitive SMEs through innovation, in support of the country's economic and social recovery".
Instead, among the non-listed companies, recognition went to Dompè "because for years it has followed a strategy of internalising all phases of drug development, production and marketing and in recent years it has grown both through acquisitions (Pharmaceutical division of Bracco pharmaceutical group), and through the internal development of new divisions (Dompé Primary, a division dedicated to the development and distribution of ethical and self-medication drugs).
Internationalization and innovation – reads a note – are the two strategies that can allow Italian companies to compete and grow globally. Italy has many excellences which, if put into a system with an open-innovation approach, can create important multipliers. In particular, in the world of health and pharmaceuticals, where we are in the first places for production in Europe, the synergies created by public-private collaboration can bear great results. A demonstration of this is our Exscalate4Cov platform for artificial intelligence applied to polypharmacology which sees Dompé as the leader of a consortium of 18 of the best European public and private organizations.
“This issue will also be at the heart of the recommendations that the B20 will offer to the G20 chaired by Mario Draghi next October,” he commented Sergio Dompè, president of Dompè and chair of the B20 Health & Science Task Force.
The award ceremony was held at Palazzo Midnight of the Italian Stock Exchange and was preceded by the round table "After the health crisis: strategies and investment options for the relaunch of Italian companies" during which Luigi Council, president of GEA, underlined how “the power of the Italian industrial system deserves particular attention from the legislator to help strengthen its capital. Let's think of a new generation of PIRs more suited to putting household savings at the service of businesses. On the side of companies, it will be essential to undertake the path of governance and control useful for welcoming third-party resources. With these simple interventions, the Italian industrial fabric has all the characteristics to play an autonomous and winning role on the global scene".
While Hugh Loeser, CEO of Arca Fondi SGR, added: “We are on the eve of a crucial phase of restarting investments and identifying Italian excellence capable of competing on international markets will be increasingly important. As managers, we have a duty to give maximum support to private investors in channeling savings to the real economy with the dual objective of supporting businesses and obtaining significant returns in a persistent context of zero interest rates. We are pleased to see that the Financial Attractiveness Award is establishing itself as an exclusive showcase for winning Italian companies that deserve the attention of the market and investors”.
