Farminveste SGPS SA 2020 AR2
The report details the financial and operational performance of Farminveste SGPS, S.A. for the fiscal year 2020, a period heavily impacted by the COVID-19 pandemic. Despite a slight increase in consolidated turnover to 766.7 million euros, the company experienced a significant decline in consolidated EBITDA to 15.5 million euros, primarily due to the pandemic's impact on its healthcare unit (CUF). Farminveste implemented a comprehensive Economic and Financial Plan (PEF 2021-2026) to optimize costs, restructure unprofitable areas, and manage liquidity. On the sustainability front, the company highlighted its commitment to human capital development, gender diversity with 33% women on the Board of Directors, and environmental initiatives such as reducing plastic use and supporting medicine waste collection.
Company: Farminveste SGPS SA
Sector: Finance & insurance
Country: Portugal
Year: 2020
Type: AR2
Pages: 197
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Farminveste SGPS SA
Annual Report
The report details the financial and operational performance of Farminveste SGPS, S.A. for the fiscal year 2020, a period heavily impacted by the COVID-19 pandemic. Despite a slight increase in consolidated turnover to 766.7 million euros, the company experienced a significant decline in consolidated EBITDA to 15.5 million euros, primarily due to the pandemic's impact on its healthcare unit (CUF). Farminveste implemented a comprehensive Economic and Financial Plan (PEF 2021-2026) to optimize costs, restructure unprofitable areas, and manage liquidity. On the sustainability front, the company highlighted its commitment to human capital development, gender diversity with 33% women on the Board of Directors, and environmental initiatives such as reducing plastic use and supporting medicine waste collection.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English, Portuguese
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees