Company News17 June 2022
Becoming ILPRA – Interview with the CFO Vittorio Vecchio
CFO Interview: ILPRA’s Stock Exchange Listing and Growth Plans
ILPRA CFO Vittorio Vecchio shares what the Stock Exchange listing changed for ILPRA, and how it supports a more structured approach to long-term growth.
Our interview with CFO Vittorio Vecchio: ILPRA, the Italian Stock Exchange, and our growth journey
In our latest interview, Vittorio Vecchio, ILPRA’s CFO and Board Member, shared how the business has evolved since our Stock Exchange listing and what this step has meant for ILPRA’s visibility, structure, and long term growth plans.
Below is a recap of the key themes covered.
Vittorio introduced his role within ILPRA, explaining that he has been part of the team since September 2018 and has worked in finance since 2003, with responsibility for the Finance function and a position on the Board of Directors.
A key point Vittorio made is that the CFO role has changed significantly over recent years. It is no longer limited to traditional administration, finance, and control. Today, it requires wider managerial capabilities, with a stronger focus on decision making, performance, and supporting strategic direction. This shift reflects the complexity of modern businesses and the expectations that come with operating in a highly developed market environment.
In Vittorio’s words:
“The CFO role has changed a lot in recent years. It’s no longer just about administration, finance, and control. Today it requires broader managerial skills, managing both the company’s financial position and value creation, and providing answers that support strategic choices.”
What the Listing Changed for ILPRA
Vittorio also spoke about our Stock Exchange listing, describing it as a demanding and time intensive process that required significant energy across the business. However, he shared that it has also delivered real satisfaction, and after three years, the goals we set at the time have largely been achieved.
These goals included increasing ILPRA’s visibility in the market, supporting a generational transition, and accelerating our evolution from an entrepreneur led business into a more structured, managerial organisation. The listing also strengthened our capital position, supporting our ability to grow the business, particularly internationally.
Vittorio highlighted that this progress is clearly reflected in our expansion over time. Since 2018, ILPRA has developed significantly through group growth and consolidation, with turnover increasing and the number of companies in the Group expanding through both new entities and acquisitions. This has included the creation and growth of international subsidiaries as well as the addition of specialised businesses that broaden our capabilities within packaging machinery.
Growth Priorities: International Expansion and Targeted Acquisitions
Looking forward, Vittorio explained that ILPRA’s ambition is to continue developing, with a strong focus on international growth. This will be supported through acquisitions and the creation of new branches abroad.
In Italy, our growth is expected to be more closely linked to manufacturing and production focused businesses. This means continuing to strengthen our operational foundations through targeted acquisitions on the national market, alongside ongoing improvements to ILPRA’s internal production capabilities, which Vittorio noted have already reached a strong standard and continue to progress year on year.
Overall, the interview captured an important part of our ILPRA story: building long term, sustainable growth through stronger structure, greater visibility, and strategic investment in both international development and production excellence.
Explore ILPRA’s story and expertise
Learn more about ILPRA, our packaging technologies, and how we support customers worldwide with engineering, service, and innovation.