News & Media

Strong organic growth, expansion of margins and excellent cash generation with significant reduction in net financial debt

STAR7 ends the year with strong organic growth and expansion of margins. Excellent cash generation, with free cash flow at €10 million, drives significant net financial debt reduction.

Acquisition of CAAR and STI completed and stake in CAAR do Brasil increased: implementation of strategic consolidation process opens new opportunities for STAR7

STAR7 has published its financial calendar for 2024 in accordance with regulatory requirements.

Definitive acquisition completed of CAAR S.p.A. and STI S.r.l. business divisions

STAR7 issues €13 million minibond, fully subscribed by Unicredit and partially guaranteed by SACE, to support its long-term growth.

Significant improvement in all financial performance indicators
Significant growth in revenues driven by foreign countries (USA and Brazil).
Rationalisation process and integration of CAAR completed.

Growth is 100% organic
Significant increase in overseas revenues, driven by the USA and Brazil
Post-integration rationalisation of CAAR completed

STAR7 S.p.A. today publishes its 2023 Sustainability Report.