We want to contribute in a significant way to the development and the economic and financial stability of the countries in which we operate. This is why we promote constant dialogue with institutions and we support initiatives aimed at facilitating entrepreneurial projects and job opportunities locally.

We believe in an economy that is a system of relations based on trust and transparency, an integrated dynamic network of cross-cutting communities, built over time to create and exchange value.

Our aim is to promote strategies aimed at building a synergetic network among institutions, firms and districts in the shipbuilding industry.

We bring innovation and technology to the territories in which our shipyards are located and we always seek to transfer the knowledge and skills acquired. Over 2018, we further developed the relationship with the main national and foreign Universities, Maritime Academies, High Schools and Technical Schools and with local public institutions (regional and municipal).

We support and involve local communities and associations with initiatives that promote integration, enhance diversities, promote education programmes, protect health and support research.

 

The Group has been constantly engaged in actions and initiatives to contain the potential social impact that may arise from any production reorganization or restructuring, primarily with the aim of not damaging the productive fabric.


In this context, the distribution of Economic Value represents the preeminent impact of the Group's business for the benefit of the main stakeholder categories.

 

ITEMS DESCRIPTION   2017 2018 VAR 2018/2017
ECONOMIC VALUE GENERATED DIRECTLY   euro/million 5,047 5,513 9.2%
a) Revenue Sales revenue euro/million 5,020 5,474 9.0%
b) Finance income Interest income and return on equity investments euro/million 27 40 47.5%
c) Capital gains/losses on business profits Business profits euro/million - (0) -
DISTRIBUTED ECONOMIC VALUE   euro/million 4,804 5,266 9.6%
a) Operating costs Payments to Suppliers euro/million 3,734 4,089 9.5%
b) Cost of personnel Payments to employees euro/million 912 952 4.3%
c) Dividends Payments to suppliers of capital (shareholders) euro/million - 17 -
d) Interest paid and financial costs Payments to suppliers of capital (shareholders) euro/million 115 141 22.3%
e) Duties and taxes Payment of duties, taxes and other financial and legal fees euro/million 40 64 60.8%
f) Donations to associations Community investments euro/million 3 3 26.1%
ECONOMIC VALUE RETAINED Calculated as the difference between the economic value generated and the economic value distributed euro/million 242 247 2.2%

Related Topics

Economic Responsibility

Economic satellite businesses

Supply chain management