The shareholders’ meeting of Carraro approved – under the chairmanship of Enrico Carraro – the 2023 financial statements and appointed a new Board of Directors for the period 2024 -2027. 

Enrico Carraro was confirmed as Chairman, Tomaso Carraro as Vice Chairman, and Andrea Conchetto as CEO of the Group.

The new Carraro Board, appointed according to the procedures and majorities required by law in compliance with the proportions between genders, sees the confirmation of all outgoing directors: Enrico Carraro, Tomaso Carraro, Virginia Carraro, Riccardo Arduini, Enrico Gomiero, Andrea Conchetto and Alessandro Giuliani. 

The meeting also appointed the new Board of Statutory Auditors, according to the procedures and majorities required by law in compliance with the proportions between genders, that will remain in office for the three-year period 2024-2027. 

The following Auditors were appointed: 

– Carlo Pesce (Chairman of the Board of Statutory Auditors) 

– Marina Manna (Standing auditor)

– Antonio Guarnieri (Standing auditor)

– Sarah Bettin (Alternate auditor) 

– Gabriele Andreola (Alternate auditor) 

Carraro, analysis of consolidated economic and financial data of 2023 

Consolidated turnover as of December 31, 2023 reached 846.3 million euros, an increase of 15.8% compared to 730.8 million euros in the previous year. EBITDA at December 31, 2023 amounted to 81.1 million euros (9.6% of turnover), an increase of 43.3% compared to 56.6 million euros (7.7% of turnover) in 2022.

Investments at December 31, 2023 amounted to 49.5 million euros, a significant rise compared to the 41.9 million euros at 31.12.2022.

The financial commitment of the year in Research and Innovation is equal to 30 million euros (3.54% of turnover) in line with forecasts (in 2022 31.7 million euros, 4.16% of turnover).

The consolidated net financial position as t December 31, 2023 is in debt for 234.451 million Euros, (whereas at December 31, 2022 it was in debt for 205.378 million Euros), affected by the important industrial investments done. 

Read also: Carraro Group, growing volumes in 2023. Good margins are expected in 2024


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