Confindustria: approved 2019 financial statements

Confindustria’s 2019 financial statements report an operating and financial surplus of € 30,794, in line with what is foreseen in the budget for the period. During the current year, the implementation of the strategic plan approved in November 2017 by the General Council continued, with the completion of approximately 90 percent of the expected development objectives.

Total charges and total proceeds from operating and financial management came to € 37.4 million. The total charges, compared with the historical series, always shows a clear reduction compared to 2002 values.

As of December 31, 2019, Confindustria presents a shareholders’ equity of 205.5 million euros with an institutional assets reserve of 49.2 million euros.

The private assembly of delegates, gathered electronically, elected Carlo Bonomi to the presidency of Confindustria for the 2020-2024 four-year period with a very high participation, equal to 94.13 percent of those entitled to vote, and a record percentage of the express consents equal to 99.9.