Despite the on-going health emergency, CMB has approved the 2021 – 2023 Business Plan, consolidating the development model already implemented in previous years and with an average 9% annual growth rate forecast.
Despite the on-going health emergency, CMB has approved the 2021 – 2023 Business Plan, consolidating the development model already implemented in previous years and with an average 9% annual growth rate forecast. By the end of 2023, the company from Carpi aims to achieve a turnover of € 730 million, 20% of it abroad, with an increase in profit margins and a reduction in indebtedness, which has been falling constantly since 2012. Over the coming years, CMB will be strengthening its competitive positioning on the construction market in Italy, and will be aiming for international growth. In these uncertain circumstances, which have inevitably conditioned economic activity, CMB’s objectives are challenging, but they are supported by a broad order portfolio, by a range of diversified activities both at product level and in terms of geographical areas, as well as by the company’s solid assets.
On international markets, CMB’s industrial and commercial activity aims to export its specialised skills in the hospital sphere and in complex works, such as the redevelopment of the United Nations Office in Geneva. In addition to turnover, the operating profit of the Group is expected to rise constantly (+13% over the three-year period), mainly as a result of the contribution of the construction and projects/services segment. Property activity is also benefitting from an upturn in sales in the residential segment.
Among the strategies adopted by CMB to protect the growth and the reputation of the company, a fundamental role has been played by the management of the Group’s equity and financial structure, which is maintained solid and well balanced, with a level of indebtedness below the average for the sector, and falling constantly despite the rise in turnover. Human resources policies and the process of generational turnover are significant issues for the coming years: it will be necessary to guarantee growth and continuity, together with the ability to change and innovate. The coming three-year period is expected to see a significant change in the staffing of CMB, with the recruitment of over 100 technical and office employees on permanent contracts to cope with the intense turnover, and the stabilisation of its blue-collar staff. In 2023, about 50% of office staff will have been with the company for less than 5 years.
Registro delle Società di Modena
n. 00154410369 – C.C.I.A.A. 2698
Albo Cooperative n. A100255
Cooperativa Muratori e Braccianti di Carpi
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