Relatorio de gestao_2010_INGLES.indd - Efacec

exploring opportunities in the markets where it operates, based on
the mentioned success factors.
With this in mind, I think that Efacec will continue its path of success,
developing even further, namely in the international markets.
Lastly, with the end of my duties as CEO, I would like to highlight
the main objectives that were reached by the company during the
time that I performed that role (2007-2010).
• Sales went from EUR 370 million at the beginning of 2007 to EUR
1034 million by the end of 2010, almost tripling the initial value;
• The increase in sales was made at an average rate of about 30%
per year (despite the biggest worldwide fi nancial and economic
crisis of the last 80 years);
• The percentage of Sales in International Markets went from 38% to
66.6%;
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• The company’s profi ts, measured by the EBITDA indicator, more
than doubled during this period;
• Nearly 1650 people were hired, out of which 860 (most of them
young graduates) have a degree.
Together, we have all contributed to the achievement of important
goals for Efacec and also, dare I say it, for the country. Nowadays,
Efacec is among the largest Portuguese export companies (with a
high national value added) and has been a very important employer,
especially for young graduates at the start of their careers.
For all these reasons, I wish to thank everyone who contributed to
the success of Efacec and say how proud and honoured I am to have
had the opportunity to lead this wonderful team.
Luís Filipe Pereira
Chief Executive Offi cer