{"id":2467,"date":"2021-12-28T13:38:00","date_gmt":"2021-12-28T11:38:00","guid":{"rendered":"https:\/\/gigroup.draft2017.com\/italia\/investor\/"},"modified":"2022-03-03T09:57:17","modified_gmt":"2022-03-03T09:57:17","slug":"investor-relations","status":"publish","type":"page","link":"https:\/\/www.gigroupholding.com\/italia\/en\/investor-relations\/","title":{"rendered":"Investor relations"},"content":{"rendered":"\t\t
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Investor Relations<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\tKey figures and insider information for our shareholders<\/span>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Dear Shareholders,<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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2020 was a year shaped by the COVID-19 pandemic, which had an inescapable impact on key economic metrics: global GDP fell by 4.4%, while that of the Eurozone slumped by 6.8%.
Within Europe, the unemployment rate rose from 7.4% in December 2019 to 8.3% in December 2020. The increase was limited largely by the employment support policies introduced by most European countries.<\/p>

In such a challenging scenario, one which we hope will never be repeated, Gi Group demonstrated its solidity. Turnover in 2020 amounted to \u20ac2.5 billion, essentially stable compared to the previous year’s figure, with EBITDA standing at \u20ac62.5 million, down 13.7% in 2019 but \u20ac3 million higher than the 2020 budget, reviewed after the start of the pandemic.<\/p>

These results were achieved by maintaining, and where possible increasing, the know-how that we have consolidated in recent years: it is no coincidence that the number of direct employees in 2020 rose to almost 6,000.
In parallel, a detailed analysis of planned investments was conducted and, where possible, costs were rationalised, so as not to impede the company’s potential for growth.<\/p>

Specifically:
– various investments deemed inconsistent with the present situation (such as marketing and IT) were postponed

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– rent payments were renegotiated, due in part to the spaces not being used as a result of the health emergency<\/p>

– employees were incentivised to use outstanding leave and, where possible, all job support measures made available by local governments to support the economy and businesses during the lockdown periods were adopted<\/p>

Furthermore, in the midst of such a complex situation, we never lost sight of our foremost priority: the safety of our employees. From the onset of the pandemic, the vast majority of employees were able to work remotely, enabling service continuity while protecting the health of personnel.<\/p>

At the same time, we continued to invest in career development: an average 35 hours of training were provided to each employee, more than double the previous year’s amount.<\/p>

There was also a focus on activities of major social and cultural impact. These many projects included establishing a framework that outlined the concept of sustainability as applied to the jobs market, in order to guide the development of internal processes and of products and services provided to candidates, employees and customers.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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2021
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