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SECO SpA Financial Results FY 2022 | Record-Breaking with IR



Get ready to be blown away by the exciting 2022 results of SECO SpA, presented by none other than Marco Parisi, the head of Investor Relations. 


Despite facing a challenging year, SECO SpA achieved organic growth of 43%, reaching a whopping €201 million in revenue and €44 million in adjusted dividends. 


And the best part? Profitability remained stable at a gross margin and EBITDA level compared to the previous year.


But that’s not all. SECO SpA’s business in Clea skyrocketed, reaching €18.5 million in just under two years since its launch. This helped counterbalance the negative effect of higher component costs in the Edge Computing business, where SECO SpA charges its customers only the extra cost and not the related margin.


Looking towards the future, SECO SpA’s order backlog remains high, with a pipeline of opportunities waiting to be explored. And with a focus on expanding its ecosystem of partners, SECO SpA is well-positioned to seize platform business opportunities with customers, where their operating system, Clea, can be used as a foundation for value-added solutions.

So prepare for a strong Q1, as SECO SpA expects net sales to grow by around 30% compared to last year. 


With exciting new partnerships and the launch of a client App Store, SECO SpA is poised for continued growth and success in the years to come.

Company Profile

SECO (IOT.MI) develops and manufactures cutting-edge technological solutions, from miniaturized computers to fully customized integrated systems combining hardware and software. 


SECO also offers Clea, a proprietary end-to-end IoT-AI analytics software suite, made available on a SaaS basis, that allows clients to gather insightful data from their on-field devices in real time. 


SECO employs almost 800 people worldwide and operates through 5 production plants, 9 R&D hubs and sales offices in 9 countries. We serve more than 300 blue-chip customers which are leaders in their respective fields, including Medical, Industrial Automation, Aerospace & Defense, Fitness, Vending and many other sectors. 


SECO R&D capabilities are further enhanced by long-lasting strategic partnerships with tech giants and collaborations with universities, research centers, and innovative start-ups. 


Corporate social responsibility is part of the strategy of SECO, that undertakes several actions to reduce its environmental footprint and increase its impact on its people and local communities.


For more information: http://www.seco.com/


Via A. Grandi, 20

52100 Arezzo, Italy

phone +39 0575 27016


  • Key takeaways from 2022
  • FY 2022 Financial Highlights
  • February ‘23 backlog and pipeline
  • Business update



Marco Parisi
Head of Investor Relations | SECO SpA



This publication is for informational purposes only and should not be considered investment advice. By using this website, you agree to the terms and conditions outlined in the legal pages at www.seat11a.com/legal/

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