CFO GUEST: Paolo Poma of Lamborghini
CFO Paolo Poma: [00:00]
80% of the time as to be dedicated to internal reporting Action Plan steering the company adjust 20% to external reporting. That is important because the added value comes from internal steering, which are the main KPIs, we check off course profitability, on p&l level return on sales on balance sheet level return on investment. Cash is important and breakeven cash conversion is crucial for our luxury positioning. And last but not least, as I mentioned, control our growth, we want definitely to stay at the break even point of 50%. So meaning that we break even with 50% of our volumes, we are quite lean company and we have to protect our flexibility while growing the business. For sure, for sure. ESG is becoming more and more important. So when I talk about sustainability, I always want to start from financial sustainability, which we talked about, because it’s difficult to talk about environmental sustainability, which is an investment for the future if you’re not financially sustainable.Read More
Let’s move to ESG that are more non financial KPIs. These are recently implemented KPIs within the group and Lamborghini said we are or I didn’t, we are carbon neutral in terms of facilities since 2015. So it’s not after a greater tournament that we are implementing the SG we came much before that and we have a lot of sustainable processes implemented to save energy and and now we are expanding this sustainability concepts to outside the company so the supply chain so we are checking the whole supply chain in terms of carbon neutrality is a long journey, and it will be a long journey. But I’m convinced that will be also an investment for for the future.
Where was your most challenging marathon? I’m assuming you’ve ran them in a number of different cities but where was your most challenging when you look back?
CFO Paolo Poma: [02:35]
I always I always tried to find flats flat path because I was said I was running for my personal best. So I ran valine Rotterdam vn in Italy allowed six times Milan I had I had challenging marathons like Valencia, I went when you are not in your best shape, then Martha then you will not that you will not suggest to your to your best friend, let’s say but in the end when you reach the last mile, you’re really really, really satisfied.
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