First consolidated financial statement for Rossini
Rossini Trading has recently published its first consolidated financial statement, which show a turnover of EUR 49 million and an EBITDA of EUR 8.6 million in 2022. This is the positive effect produced by the great changes undertaken in the last two years, including the acquisition in 2021 of Giblor’s, professional Ho.re.Ca. clothing based in Carpi (Italy).
This operation has been able to strengthen our presence in the national territory, in continuity with tradition and excellence of the two companies. With the acquisition of Giblor’s, Rossini Trading S.p.A. is now one of the largest players in workwear clothing market. An excellent result that reflects a period full of important goals and achievements, and that heralds an even more challenging future for the Group, which today has over 250 employees. Thanks to a new model of governance that introduced a structured welfare plan, a supplementary health insurance, as well as a bonus scheme for all employees, we can achieve important goals to fully exploit our human resources. These initiatives demonstrate the attention we have always paid to our employees and the quality of their working lives.
We are committed to making our headquarters in Seriate (BG) an excellence center able to serve companies, dealers and distributors of safety items in Italy and Europe. We’re working on the construction of a new automated warehouse that will support the one already present. This will allow us to triple the currently order fulfillment lines and improve the well-being of the workers involved.
In addition, to highlight the Group’s tangible commitment, we have decided on a voluntary basis to draw up its first ESG Sustainability Report, through which we can highlight the company’s progress in terms of environmental respect, social, governance and in support of the circular economy. Rossini has always been committed to the creation of products that respect natural resources and reduce pollution, ensuring maximum quality and attention to consumer safety.
Alberto Pedroni, Rossini Managing Director says: “The passion and enthusiasm we put in what we do is reflected in the success of the company, and the results are visible. For us, constant respect for the values that guide our reality is fundamental: social responsibility, valorisation of resources, reliability, competence and innovation. We will continue to focus on these aspects to consolidate our commercial structure in Italy and abroad.”
Our goal for the coming years will be to continue the growth of our profitability, focusing on the solid reputation built over 54 years of activity and based on the offer of high-end, cutting-edge products at a competitive price. Future projects foresee the consolidation of our leadership position in the Italian market and a constant expansion in the foreign market, especially in key countries such as Spain, France and Romania.
The fairs are confirmed as a fundamental tool to establish new relationships with Italian and international customers in the sector and essential to present the new products to the market. This month we participated with great success at Safety Expo in Bergamo (Italy), while in October we will be among the exhibitors of A+A trade show. For 2024 we already have several events scheduled, the first in chronological order will be Sicur, the International Security Exhibition in Madrid, which we have attended in in the past and for which we have high expectations.
“We are proud of the results, but we do not want to stop. We aim to strengthen our presence in the Italian and foreign markets and to evaluate possible opportunities for partnerships and acquisitions. Our goal as a Group is to confirm ourselves as a market leader and close the 2026 Annual Report with a turnover of 100 million euros.” says Marco Rossini, Rossini President and CEO.