“My first box ticked,” said JD Group CEO Franco Azzopardi, following the successful completion of an €11 million bond issue that will be used to expand their Ħal Far factory and continue work on a project on Birkirkara.
Mr Azzopardi, who took over as Chief Executive on 12th June, described these first days as a “baptism of fire”.
“Took the baton in the last sprint home for this bond issuance,” he said on a social media post.
Commenting further on the first part of the pivotal “first 100 days”, Mr Azzopardi said he is “happy leading” a “great fast-paced team.”
Looking forward, he added that there are “more projects in the bucket list”.
About JD Group
JD Operations Ltd, formerly JSDimech Ltd, is one of the market leaders in Malta for aluminium and steel apertures, wrought iron, large-scale glass formats, curtain wailing, and façade cladding, amongst other things.
Its portfolio includes some of Malta’s biggest projects, including high rise developments like the Quad, Tigné Point and Pender Gardens, and national projects like the Mġarr Sea Passenger Terminal and the Barrakka Lift in Valletta, among others.
Chairman Alfred Pisani meanwhile said the group will increasingly focus on profitability with a focus on regular dividends.
'The country has the potential to carve out specialised niches in the growing global market.'
Revenue for the year stood at €3.5 million, while equity strengthened to €29 million.
Maintaining a respectful, psychologically safe, and productive workplace during a highly polarised period