LATI awarded as a Champion Company for growth, innovation, and solidity in the thermoplastic compounds sector
Corporate successes
Corporate successesbyadmin

The company from Varese is among the Champions of Italypost, the ranking of the top 1000 Italian companies developed in collaboration with Corriere della Sera

LATI Industria Termoplastici S.p.A, one of the leading European producers of engineering thermoplastics, is among the 1000 Champions highlighted by the Italypost Research Center, in collaboration with Corriere della Sera, which annually crowns the most performing companies in Italy, namely those that have grown the most in the last 6 years and have performed best in terms of EBITDA.

The survey is based on the analysis of the financial statements of Italian companies, divided into two categories: companies with a turnover between 20 and 120 million euros and those with a turnover between 120 and 500 million euros. A necessary condition to be part of the panel is to have performed above the national average between 2015 and 2021.

Last year, despite the threatening European war, the deep energy crisis, the strong demand that characterized the first part of the year, and the recession that dominated the second part, LATI managed the situation. The company responded to uncertainty with flexibility.
LATI affirmed its status as a Benefit Corporation by declaring in its statute to work not only for profit but also for the Common Benefit. The company committed to developing plastics that are safe, durable, circular economy, produced with sustainable processes, and for ethical applications, to ensure the psycho-physical well-being of people and to support the development of the territory and the reference ecosystem. The commitment to people was further recognized by the Great Place to Work ® certification.

Thus, for the first time last year, LATI exceeded 200 million euros in turnover with an EBITDA exceeding 20 million euros, satisfactory to guarantee the ambitious investment plan that includes among the most important items: Industry 4.0, sustainability and decarbonization, redevelopment of the historic headquarters in Vedano Olona.

Michela Conterno, CEO of LATI, comments “LATI is a Champion company, this result is an incentive to continue with the same grit, energy, and optimism that has distinguished us for almost 80 years. Despite the numerous challenges on the horizon, we continue to pursue our strategy and our dual purpose, that is, a profit that is not a mere end but a means for the Common Benefit “.