16-04-2025
“It’s not tariffs that determine the outcome, but greater competitiveness,” said Marco Tripi, CEO of Almaviva, today in an interview with Andrea Biondi in Il Sole 24 Ore, commenting on another year of significant growth for the group and on its current and medium-term prospects.
“We’re Italian and know how to manage chaos better than anyone else.”
Today Almaviva is a global tech company, with an Italian soul, operating at the forefront of artificial intelligence. It creates proprietary platforms, develops solutions in the field of mobility and in digital and water management infrastructures, and operates as a technological partner of the Gruppo Ferrovie dello Stato Italiane (as part of the Sagitta Consortium). It has also packed its bags and left for Expo 2025 in Osaka, serving as a digital partner of the Italy Pavilion with a website, app, and virtual reality experience.
In 2024, the Almaviva Group's revenue reached nearly €1.5 billion, up 22% from 2023, and the EBITDA rose to €276 million, registering a 30.8% increasing.
“40% of our revenue comes from abroad, and not because Italy is falling behind, but because we’re growing rapidly overseas. By 2025, we aim to exceed 50%, while also expanding business within Italy,” says Tripi.
In the last few months, “we’ve invested about half a billion in M&A side and are aiming for €1.5 billion in the next year.” There are targeted operations on the radar, which focus on niche tech companies, even small ones, “with unique expertise that can make a difference in international markets. This is especially true in Brazil, where we’ve been a leader for twenty years, but also in the United States, where, in the final months of last year, we acquired the Nasdaq-listed company Iteris for €350 million dollars.”
“12% of our business is currently based In the US and we aim to expand our presence there, especially in the mobility sector.”
“We want to become one of the world's leading technology companies.”
But one thing is for sure: “The heart of the company will remain Italian. Our headquarters, development centers, and ownership will remain in Italy,” says the CEO.
