a journey of commitment and trust

The global panorama we have witnessed - marked by the end of the pandemic scenario, but also brutally marked by the invasion of Ukraine by Russia, by the escalation of oil, energy and raw material prices, globally, generating a complex inflationary context, as well as by relevant political moments in some of the markets in which Nors operates (either of transition or of renewal of political forces) - once again presented us, in 2022, with the need, as an organisation, to anticipate and project the steps of the future in a more conscious, reflected, but equally agile manner. Undoubtedly, the volatility and unpredictability of the times have brought us that vision.

However, they have also brought us the ability to look at what's next with more audacity and ambition.

And the certainty of what we are capable of overcoming and achieving together, always with the mission of ensuring the sustainable and solid presence of the Nors Group throughout the world.

It was with this spirit of mission and the ability to rise to the top that 2022 was made, a year in which Nors experienced strong growth in its business and profitability, but also excellent performance in the Group's financial robustness indicators. We have strengthened our footprint, organically, in the markets and businesses in which we are present, and we have outlined new goals and horizons that will take shape in the near future. We have initiated and completed major projects and strengthened strategic axes of enormous importance for the Group, always focusing on our people, on our transformation, on our efficiency and on the sustained growth of Nors.

The results are clear to see and, once again, we close the year with a feeling of mission accomplished, achieving the goals we set out to achieve and with a very positive outlook on what the future holds.

We look to 2023, a year in which we will celebrate 90 years of legacy, with enormous expectations and with the certainty that, today, we are a Group with a dimension and capacity for delivery that we are very proud of. We will continue this journey with the commitment to contribute towards a better tomorrow, creating value for all our stakeholders. It will certainly be a journey made up of moments of great ambition, optimism and bravery, but also of much wisdom, pragmatism and reflection.

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