Patrizio Pazzaglia
Patrizio Pazzaglia
company competition economies expansive follow formidable group
The new company will be a formidable group and able to follow a more expansive strategy. Competition is done with economies of scale. It will be able to diversify into sectors such as ports and airports.
european italian represents results test
This (IPO) represents a test for the sector. We've been disappointed with results - and this isn't an Italian phenomenon, but a European one.
abroad company future growth help increase margins moved production profit
The company has moved a lot of its production abroad and that should help it increase future profit margins and keep its growth targets.
confidence deal disasters investor investors offering redress share sooner terms
The sooner the share offering happens, the better it is in terms of investor confidence because it would redress some of the disasters investors have had to deal with.