(Alliance News) - The board of directors of Società Editoriale Il Fatto Spa on Thursday approved the update of the 2024-2026 consolidated business plan.

Following the entry of subsidiary Loft Produzioni Srl into the group's scope in December 2022, the plan expresses the group's consolidated values.

The board, therefore, estimates a CAGR1 2024-2026 of consolidated sales and service revenues of 14.9 percent, compared with the estimated CAGR for the three-year period 2023-2025 of 15.3 percent.

The group's growth, the note said, is mainly attributable to the launch of the Training branch with the School of Fact, the launch of the WEB 3.0 project, and digital transformation.

Due to the positive impact of these projects, the company expects revenue growth mostly inherent in digital content. "Therefore, the incidence at the consolidated level of revenues from digital channels is expected to increase to 62 percent of the total as of 2026, compared to an estimated 59 percent as of 2025," the statement reads.

The board of directors confirms the strategic lines already communicated to the market and which include the transition from media company to community company, based on the following pillars: physical/digital multichanneling; further implementation of the Training division with the School of Il Fatto; further expansion of the Community also thanks to the strong innovative push linked to the nascent Web 3.0 project; confirmation of the centrality of the newspaper Il Fatto Quotidiano and the website ilfattoquotidiano.it; and further enhancement of the Il Fatto Quotidiano brand.

Cinzia Monteverdi, president and chief executive officer of SEIF, commented, "A little more than a year after the approval of the business plan, we note that its execution has begun to release its first positive effects under the impetus of the planned innovations. This is a source of satisfaction for all of us because it indicates - in a concrete way - that the path taken is the correct one for a dimensional growth of our Group to the benefit of all our stakeholders. In particular, during this first year we have launched and implemented the Scuola del Fatto (School of the Fact) and have been working on the upcoming launch of the Web 3.0 Project, which will allow us to expand our Community by also looking at the new generations."

The stock of Società Editoriale Il Fatto closed Thursday in the red by 2.5 percent at EUR0.31 per share.

By Chiara Bruschi, Alliance News reporter

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