Press release

Milan, July 20th 2015 – According to the analysis conducted by Cerved on 133,000 annual financial statements submitted by June 2015, the Italian companies succeeded in increasing their profitability and financial sustainability numbers during 2014. Although businesses’ sales were still very weak (overall total revenue grew by only 1% with respect to 2013), the businesses succeeded in reacting to this environment by curbing external costs and increasing productivity and gross profitability.