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Sace, 2011 results better than expected

The preliminary results for 2011 for the Sace group exceed the forecasts of the Business Plan

Sace, 2011 results better than expected

The Board of Directors of the SACE SpA group today examined the preliminary results as at 31 December 2011.
Although the economic context is characterized by high volatility, the results for the year emerging from the preliminary balance are higher than the forecasts contained in the 2011-2013 Business Plan.

Further confirmation of the good performance of the SACE group comes from the analysis of new production which in 2011 exceeded the levels of the previous year. According to the group, these data confirm the anti-cyclical role provided by SACE and the growing support offered to the internationalization of Italian companies, especially SMEs.

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