MYNET IN SIXTH PLACE AMONG THE 500 BEST BUSINESSES IN THE PROVINCE OF MANTUA

11/16/2022

MYNET IN SIXTH PLACE AMONG THE 500 BEST BUSINESSES IN THE PROVINCE OF MANTUA
MANTUA – Mynet has been included among the best entrepreneurial realities in the province of Mantua as part of the “Best 500 Mantua” project, curated by the Virgilian consultancy firm Valora.

The research, which examines the economic-financial prospects of the five hundred best Mantua companies, refers to the financial statements of the year 2021, according to the information available in October 2022, collected by the AIDA database of Bureau Van Dijk. Both the turnover produced and the indicators related to the margins generated and the dynamics of the number of employees of only the companies in “active” status in the year 2021 and which counted the presence of at least one employee in the years 2020 and 2021 contributed to composing the statistics; however, companies belonging to the insurance, financial and credit sectors were excluded from the report.

With an excellent 34%, Mynet obtained sixth place for Ebitda, an English acronym for Earnings Before Interests Taxes Depreciation and Amortization (MOL - Gross Operating Margin), an indicator that, compared to total revenues, helps to evaluate the operating profitability generated by considering only the part inherent to the characteristic company business. The telecommunications operator instead reached twenty-seventh place for the increase in employees 2020-2021, going from 64 to 79 with a variation of +15 units.

«The exceptional value of this research lies entirely in the extraordinary result not only economic, but also in terms of human capital, recorded by Mynet in two years, 2020 and 2021, severely affected by the pandemic - comments the General Manager, Giovanni Zorzoni. – Despite the resulting crisis that we are still experiencing due to a series of exogenous events that are difficult to predict, this milestone rewards the almost thirty-year history of a Mantua company that is experiencing strong growth but, despite this, is deeply characterized by diligent family management, closely tied to the territory, unconnected to the financial dynamics of the stock markets and the presence of cumbersome investors, and yet (or perhaps precisely because of this) capable of creating jobs and distributing well-being and wealth. Being among the “magnificent 500” of Mantua is a source of great pride for us, as well as representing a contagious factor for the entire surrounding productive fabric».
Siglacom - Internet Partner