Growens is among the 2022 Growth Leaders

For the second consecutive year, Growens is included in the ranking of “Growth Leaders 2022”, drawn up by Il Sole 24 Ore financial newspaper in collaboration with Statista, and published on November 18, 2021.

“Growth Leaders 2022” is the list of the 450 Italian companies which achieved the highest average compound sales growth rate in the 2017-2020 period.

This year, Growens obtained an important double recognition: it ranks among the 20 top-performing companies for revenue and mid-list for growth rate, which grew by + 34.06% over the period of time considered.

On this page you can read the official press release.

Methodology

To compile the ranking (now in its fourth edition), Il Sole 24 Ore and Statista examined the data provided by over 8,000 Italian companies.

To be included in the ranking of Italian companies with the highest growth rate, companies had to meet the following criteria:

• Turnover of at least € 100,000 in 2017
• Turnover of at least € 1.5 million in 2020
• The company must be independent (no branch or affiliate)
• The company must have its registered office in Italy
• The company is not in any of the conditions referred to in art. 80 of the Legislative Decree. 50/201

The ranking was developed on the calculation of the compound annual growth rate (CAGR), based on the data recorded by the companies.

Among the winners, this year there is a clear prevalence of small and medium-sized enterprises, capable of competing at a European level, as opposed to large companies.