W group continues to grow and exceeds one billion in turnover

A year ahead of its strategic plan, W Group, the specialist employment services company, exceeds EUR 1 billion in revenue in 2024 thanks to organic growth of 15.3% year-on-year on a like-for-like basis and acquisitions of more than EUR 350 million. Adjusted Ebitda reaches EUR 83 million and the margin reaches 8% of revenue. Group Gross Profit at year-end stands at EUR 219 million (+33% at organic level compared to 2023), with a margin of 21%. In addition, with the latest acquisitions and new openings, the Group's workforce has risen from 1,000 to 1,800 in one year, divided between some 280 branches in Italy and abroad. For the future, the group confirms its expansion plans and aims to employ 100,000 people in 12 months, organically doubling revenues and reaching 3,000 internal employees by 2030.

The figures of the 2024 financial statements, approved by the W Group Board of Directors, represent a company that, aonly four years after its birth, joins the 160 Italian companies with a turnover of more than one billion euros. "Even in 2024, we grew rapidly in terms of both turnover and personnel, through a series of strategic acquisitions and the birth of three companies in which we believe strongly, which allowed us to expand our network of companies and services," explains Federico Vione, CEO of W Group. Reaching one billion in sales just four years after its birth, for Vione "is an incredible achievement, which was only possible thanks to the people who allowed themselves to be infected by the dream of building a company that put them at the centre of all its activities and initiatives".

Among the most important results were certainly the performance of the permanent placement segment, which grew by 60% over the previous year, also thanks to the extraordinary 97% growth of W Executives compared to 2023. Added to these results are those of temporary employment, which consolidated and saw an improvement of 11.4% over the previous year.