10,78 +0,94%
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Italian
22 January 2021
After reviewing the preliminary results as of December 31, 2020, revenue and margins exceeded expectations and market estimates, showing significant growth compared to FY2019: revenue up approximately 80% and EBITDA up approximately 100%. The 2021–2023 business plan was presented and approved -2023: 2023 revenue is projected to grow at a CAGR of approximately 40%, with margins exceeding 40%, driven solely by organic growth fueled by proprietary cybersecurity products, international expansion, and an increase in corporate clients. Eugenio Santagata will assume a key role at a leading Italian technology group effective April 1, while remaining on CY4GATE’s board of directors and serving as a member of CY4GATE’s newly formed strategic committee. Emanuele Galtieri, formerly the company’s deputy general manager, has been nominated as CY4GATE’s new CEO
