The Shareholders’ meeting of Dedagroup approves the 2022 Financial Statements: revenue growth and multiple projects as the main drivers

  • Consolidated revenues at €317.5 million (+9.3% vs 2021)
  • Consolidated EBITDA at €36.2 million 
  • Group consolidated net result at -€5 million, due to numerous M&As; net result of the parent company; Dedagroup S.p.A., positive at €24.8 million
  • Total workforce with over 300 recruits reaches 2,484

Trento, July 11, 2023 – Dedagroup S.p.A. — the aggregating hub of leading Italian firms in the Software and Solutions as a Service market, currently operating in over 50 countries with more than 4,000 customers, closed the 2022 Financial Statements confirming the solid growth trend reported in recent years and its strong drive towards investments with a view to continuous improvement and to strengthening its market position.

Marco Podini, Dedagroup S.p.A.’s Executive Chairman, stated: “I am particularly satisfied with the growth that the Group has also generated in this challenging year, which was globally impacted by the well-known geopolitical uncertainties. Dedagroup’s ability to face these situations while effectively executing its growth strategies, thanks to its many projects and dynamism, is shown by its robust revenue growth to over €300 million for the first time and by the major extraordinary and M&A transactions finalized in the year. It was also a year of a strong commitment to a strategic evolution process aimed at allowing our different companies to offer increasingly synergistic and integrated solutions and a strong focus on data and artificial intelligence. This is an area in which we have grown rapidly and will continue to work for effective, responsible development of solutions and to identify opportunities for new acquisitions.”
The consolidated results confirmed a 9.3% increase in the value of production, which stood at €317.5 million, with EBITDA at €36.2 million and a ratio to revenues of 11.4%. Operating income went from +€6.8 million in 2021 to -€5 million in 2022, following an increase in goodwill amortization and intangible fixed assets arising on the M&As finalized in the year, the Piteco tender offer and other extraordinary transactions aimed at supporting and consolidating medium/long-term growth. The Parent Company’s net result grew sharply from +€2 million to €24.8 million.

Concerning non-organic growth, in the year the B-Samply business unit (marketplace dedicated to semi-finished products for the fashion market) became part of the Group, as did the companies Berma (leading provider of anti-money laundering and risk-mitigation software), ORS (leading AI company, in which the Group increased its stake from 20% to 51%), and Nodes (company specialized in data and data governance). The Group also doubled its stake in Piteco following the tender offer aimed at delisting the company. In addition to these extraordinary transactions, the Group acquired Social Factor, a company specializing in the digital area, and Pharos, a company focused on tax consultancy. The former became a part of Deda Digital and the latter of Deda Value.

All these transactions were in line with the strategy laid down in the Business Plan, which calls for constant organic and non-organic growth to consolidate the leading position of the Group as a key player in the digitalization of state-owned and private companies. Thanks to its broad expertise in technologies and processes and its proprietary software platforms, which can be used in SaaS mode, Dedagroup is committed to responding to Italy’s major challenges, such as implementing the NRRP and the sustainable transition, in all the major strategic areas served: from Banking & Finance to Industrial and Large Corporates (with Dedagroup Business Solutions), from Fashion & Luxury (with Deda Stealth) to Public Services, Energy & Healthcare (with Deda Next), from Cloud & Cybersecurity (with Deda Cloud) to Artificial Intelligence & Data (with ORS) and Digital Business (with Derga Consulting and Deda Digital).

The Group’s expansion is also reflected in the considerable increase in its workforce, with over 300 recruits in the year, reaching 2,484. This process will continue in 2023 as well, with a recruitment campaign for additional 400 hires.

Press office

Angélia & BC-Communication
Simona Vecchies: +39 335 1245190
Beatrice Cagnoni: +39 335 5635111
Valeria Carusi: +39 348 1301033
Mail: dedagroup@angelia.it

Daniela Michelotti: +39 0461 997310
Mail: daniela.michelotti@dedagroup.it