NAVIGO: TOWARDS 200 SHAREHOLDERS AND 2021 FINANCIAL STATEMENTS WITH DOUBLING OF PROFITS

The shareholders’ meeting approves the increase in the share capital of the service center for the innovation and development of yachting

 

Increase in the share capital of NAVIGO, the service center for innovation and boating and approval of the final balance sheet for 2021. This is what was resolved by the shareholders’ meeting held in recent days in Viareggio. The share capital goes from 197 thousand to 250 thousand euros with maturity on 31.12.2023 for subscription. A result that, according to the forecasts of the Board of Directors, led by President Katia Balducci, will lead to the entry of 50 new shareholders for a total of 200 directly adhering companies. An excellent figure is that of the final balance sheet 2021 which closes with a turnover of 1 million and 300 thousand euros, over 80% of which comes from the services offered to member and non-member companies and, with a 40% increase in revenues and doubling of profits. In addition to B2B meetings and matching to encourage companies to enter the nautical and yachting market, NAVIGO offers digitalization, internationalization, data analysis, temporary management and cluster management services also for nautical districts in other regions, beyond Tuscany. On the design front, NAVIGO operates on different levels with particular attention to the issues of digitization, sustainability and company improvement and qualification actions. The focus of European projects is aimed at green charter, strategic professions, vehicles and automation; the national projects carried out concern intelligent buoy, hull improvement and fluid dynamics; regional projects on platform digitization, traceability systems, route improvement tools and new materials. During the meeting, the data of the end of the project cycle of the activities of the Technological District for the Nautical and Ports of Tuscany, managed by Rete Penta of which Navigo is the leader, were illustrated, with the results of 2,000 B2B, F2B, R2B meetings organized and 15 million funded projects. Among the innovations announced during the meeting, the birth of NAVIGO INTERNATIONAL, a sector of the company that will be dedicated to the development of Superyacht Cluster Matching to encourage collaboration between supply companies and shipyards in European contexts, such as Holland, as organized in the past, and Germany – the forthcoming organization and NAVIGO CYBER dedicated to providing monitoring, analysis and cybersecurity services for companies.
“In recent years, including the pandemic period, the strategy of the board with the support of the shareholders’ meeting – declares Katia Balducci, president of NAVIGO – has been to expand the range of services aimed at both shareholders and businesses and to other districts by diversifying and adding more actions on digitization, internationalization, organizational reorganization and temporary management. The results achieved so far are a source of pride and the result of the work of a professional and cohesive team ”
“The increase in share capital, after 15 years from the birth of the company – underlines Pietro Angelini, general manager of NAVIGO – is a significant element that will bring animation for the entry of new shareholders and will generate a new season of networks, projects and results. Navigo records an increase in international services, an improvement in the company’s performance both in terms of service provision and planning at an all-time high “.

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