Operae Interiors, everything about the Fincantieri luxury design company
Fincantieri has launched Operae Interiors, a spinoff of the group and Marine Interiors, a player in luxury interior design
Providing luxury interior design solutions for yachts, residences, villas, hotels, restaurants and shops in the name of "Made in Italy".
This is the objective of Operae Interiors, the new spin-off brand of Fincantieri, the naval company from Trieste led by Pierroberto Folgiero, and of Marine Interiors, a group company expert in the creation of interiors for cruise ships.
All the details.
WHAT IS OPERAE INTERIORS, FINCANTIERI'S SPINOFF
Specialized in the end-to-end management of high-end and very high-end customized furniture and fit-out projects, Operae Interiors is a service aggregator that covers all the main segments of luxury design: yachting, residential, hospitality and fashion retail, explains one note from the naval group of Trieste.
According to Fincantieri, “Operae Interiors stands out for its ability to respond promptly to the needs of an increasingly demanding luxury market, dealing in detail with all the phases of the project, from planning to executive design, up to implementation and post-service. -sale".
The Operae Interiors method puts the customer at the center – continues the note from the Trieste naval group – to listen and interpret all their needs, transforming them into reality with a 100% "tailor made" service. A 360° partner for clients, architects and designers, strong in its great knowledge of the dynamics and players of the contract world, able to aggregate every service relating to luxury interior design, and to guarantee an integrated "turnkey" offer ” (from carpentry, to coverings, surfaces, upholstery, to lighting).
MADE IN ITALY PIN
The identity of Operae Interiors is based on the valorization of "Made in Italy", a brand that is synonymous with quality, beauty and innovation throughout the world. The company, explains the press release, employs a technical team with extensive experience in basic design, executive drawings, 3D calculations and rendering, which interacts daily with designers, customers and suppliers. Furthermore, it boasts a team dedicated to lighting design capable of supporting each project with in-depth studies, calculations and 3D rendering to visualize the various scenarios. Operae Interiors has "also woven a vast network of over 500 artisan workshops, specialized in the creation of personalized products, paying attention to every single detail of size, finish and workmanship". The network of suppliers allows Operae Interiors to identify the most suitable collaborators for each specific project, evaluating their skills and experience in the sector and always ensuring personalized and cutting-edge solutions.
THE OFFICES
Operae Interiors can count on a team of 30 people, located in the 4 Italian offices of Treviso, Milan, La Spezia and Ronchi dei Legionari (GO), where there is also a 2,500 m2 mock-up area.
THE MARKETS
In its first months of activity, Operae Interiors has managed to establish itself as a leading player in several markets: Italy and Europe, but also the United States and the Middle East (Saudi Arabia, United Arab Emirates).
FORECASTS FOR OPERAE INTERIORS
As for the financial aspects, "a turnover of 13 million euros is expected by the end of 2024, while for 2028 the objective is to reach 50 million euros".
WHAT MARINE INTERIORS DOES
As mentioned, Operae Interiors was born as a spinoff of Fincantieri and Marine Interiors, 100% controlled by the Trieste naval company born "from the Fincanteri Group's desire to integrate the design and construction of cabins complete with hygiene box” we read on the website . Marine Interiors Cabins is focused on the design, construction and delivery of turnkey cabins in the newbuilding field.
The company represents the supplier of reference for the public rooms of the buildings of the Merchant Ships Directorate of the Fincantieri group and the "end to end" supplier of furniture for almost all of Vard Cruise's buildings.
PRESENCE IN THE CHINESE MARKET
The company is also active in the Chinese market thanks to the acquisition of the ambitious project for the Sws shipyard. The business relating to China, the result of a project started in 2020 with the collaboration between Fincantieri, Carnival and the Chinese shipbuilding group CSSC, represents approximately 25% of the value of production as of 31 December 2022.
THE SUMMITS
The board of directors is made up of Lorenza Pigozzi (president), Davide Biddiri (CEO), Lucia Cusaro, Carlo Gainelli and Annalisa Bertuzzi.
THE NUMBERS
Marine Interiors closed the 2022 budget in the red: the loss amounted to 15 million euros as of 31 December which compares with the red of 3 million the previous year.
The company recorded revenues of over 165 million euros in 2022, down 36.9% compared to 202 million euros in 2021. The item is mainly composed of revenues from the construction of merchant ships. The remaining portion of revenues for various services, equal to 786 thousand euros, refers to revenues for installations carried out on board ships for the shipping company and to the consideration accrued for a turnkey contract signed with the company Icm spa as part of a project at the Cern of Geneva.
The gross operating margin was negative by 3.7 million euros as was the gross operating result, negative by 3.8 million euros. Costs increase in 2022: from 153 million at the end of 2021 they go to 178 million the following year.
Total debts amount to 235 million euros, worsening compared to 222 million in 2021. The company boasts a total of tangible fixed assets worth 7 million euros in 2022.
THE DEVALUATION DECIDED BY FINCANTIERI FOR MARINE INTERIORS
As of 31 December 2022, the equity investment held in the company was written down by 5.4 million and 4.3 million were thus set aside to cover the losses accumulated by the subsidiary.
ORDERS, WALLET AND BACKLOG
At the end of 2022 Marine Interiors boasted a backlog of 26 orders, for a total amount of 324 million euros. In 2022 the company acquired new orders for 165 million, divided as follows: public theaters (81 million), refitting & after sales (11 million), complete accommodation (7 million) and China (66 million). The backlog as of 31 December 2022 amounts to 235 million euros.
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/operae-interiors-tutto-sulla-societa-di-fincantieri-dellinterior-design-di-lusso/ on Mon, 01 Apr 2024 05:24:46 +0000.