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    <link:label xlink:type="resource" xlink:label="label_ifrs-full_CostOfSales" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Costo del venduto [negated]</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GrossProfit" xlink:label="loc_ifrs-full_GrossProfit" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_GrossProfit" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Utile lordo [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GrossProfit" xlink:to="label_ifrs-full_GrossProfit" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SellingExpense" xlink:label="loc_ifrs-full_SellingExpense" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_SellingExpense" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Costi di vendita [negated]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SellingExpense" xlink:to="label_ifrs-full_SellingExpense" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ResearchAndDevelopmentExpense" xlink:label="loc_ifrs-full_ResearchAndDevelopmentExpense" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_ResearchAndDevelopmentExpense" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Costi di ricerca e sviluppo [negated]</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeneralAndAdministrativeExpense" xlink:label="loc_ifrs-full_GeneralAndAdministrativeExpense" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_GeneralAndAdministrativeExpense" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Spese generali e amministrative [negated]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GeneralAndAdministrativeExpense" xlink:to="label_ifrs-full_GeneralAndAdministrativeExpense" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossFromOperatingActivities" xlink:label="loc_ifrs-full_ProfitLossFromOperatingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_ProfitLossFromOperatingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Utile (perdita) derivante da attività operative [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossFromOperatingActivities" xlink:to="label_ifrs-full_ProfitLossFromOperatingActivities" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossBeforeTax" xlink:label="loc_ifrs-full_ProfitLossBeforeTax" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_ProfitLossBeforeTax" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Utile (perdita) prima delle imposte [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossBeforeTax" xlink:to="label_ifrs-full_ProfitLossBeforeTax" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:label="loc_ifrs-full_IncomeTaxExpenseContinuingOperations" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_IncomeTaxExpenseContinuingOperations" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Oneri (proventi) fiscali [negated]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="label_ifrs-full_IncomeTaxExpenseContinuingOperations" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLoss" xlink:label="loc_ifrs-full_ProfitLoss" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_ProfitLoss" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Utile (perdita) [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLoss" xlink:to="label_ifrs-full_ProfitLoss" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentAssets" xlink:label="loc_ifrs-full_NoncurrentAssets" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_NoncurrentAssets" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Attività non correnti [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentAssets" xlink:to="label_ifrs-full_NoncurrentAssets" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="loc_ifrs-full_CashAndCashEquivalents" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_CashAndCashEquivalents" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Disponibilità liquide e mezzi equivalenti [start]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashAndCashEquivalents" xlink:to="label_ifrs-full_CashAndCashEquivalents" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_CashAndCashEquivalents2" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Disponibilità liquide e mezzi equivalenti [end]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashAndCashEquivalents" xlink:to="label_ifrs-full_CashAndCashEquivalents2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentAssets" xlink:label="loc_ifrs-full_CurrentAssets" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_CurrentAssets" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Attività correnti [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentAssets" xlink:to="label_ifrs-full_CurrentAssets" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Assets" xlink:label="loc_ifrs-full_Assets" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_Assets" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Attività [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Assets" xlink:to="label_ifrs-full_Assets" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TreasuryShares" xlink:label="loc_ifrs-full_TreasuryShares" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_TreasuryShares" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Azioni proprie [negated]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TreasuryShares" xlink:to="label_ifrs-full_TreasuryShares" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAttributableToOwnersOfParent" xlink:label="loc_ifrs-full_EquityAttributableToOwnersOfParent" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_EquityAttributableToOwnersOfParent" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Patrimonio netto attribuibile ai soci della controllante [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAttributableToOwnersOfParent" xlink:to="label_ifrs-full_EquityAttributableToOwnersOfParent" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Equity" xlink:label="loc_ifrs-full_Equity" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_Equity" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Patrimonio netto [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Equity" xlink:to="label_ifrs-full_Equity" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_Equity2" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Patrimonio netto [start]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Equity" xlink:to="label_ifrs-full_Equity2" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_Equity3" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Patrimonio netto [endstart]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Equity" xlink:to="label_ifrs-full_Equity3" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_Equity4" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Patrimonio netto [end]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Equity" xlink:to="label_ifrs-full_Equity4" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentLiabilities" xlink:label="loc_ifrs-full_NoncurrentLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_NoncurrentLiabilities" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Passività non correnti [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentLiabilities" xlink:to="label_ifrs-full_NoncurrentLiabilities" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentLiabilities" xlink:label="loc_ifrs-full_CurrentLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_CurrentLiabilities" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Passività correnti [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentLiabilities" xlink:to="label_ifrs-full_CurrentLiabilities" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAndLiabilities" xlink:label="loc_ifrs-full_EquityAndLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_EquityAndLiabilities" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Patrimonio netto e passività [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAndLiabilities" xlink:to="label_ifrs-full_EquityAndLiabilities" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncome" xlink:label="loc_ifrs-full_OtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_OtherComprehensiveIncome" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Altre componenti di conto economico complessivo [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncome" xlink:to="label_ifrs-full_OtherComprehensiveIncome" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComprehensiveIncome" xlink:label="loc_ifrs-full_ComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_ComprehensiveIncome" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Conto economico complessivo [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncome" xlink:to="label_ifrs-full_ComprehensiveIncome" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendsPaid" xlink:label="loc_ifrs-full_DividendsPaid" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_DividendsPaid" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Dividendi rilevati come distribuzioni ai soci [negated]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaid" xlink:to="label_ifrs-full_DividendsPaid" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfTreasuryShares" xlink:label="loc_ifrs-full_PurchaseOfTreasuryShares" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_PurchaseOfTreasuryShares" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Acquisto di azioni proprie [negated]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfTreasuryShares" xlink:to="label_ifrs-full_PurchaseOfTreasuryShares" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Flussi finanziari derivanti da (usati in) attività operative prima delle variazioni del capitale circolante [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xlink:to="label_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:label="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Rettifiche per la diminuzione (aumento) delle rimanenze [negated]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:to="label_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:label="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Rettifiche per la diminuzione (aumento) dei crediti verso clienti [negated]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:to="label_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" xlink:label="loc_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Rettifiche per l'aumento (diminuzione) dei debiti verso fornitori [negated]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" xlink:to="label_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:label="loc_ifrs-full_IncreaseDecreaseInWorkingCapital" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_IncreaseDecreaseInWorkingCapital" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Aumento (diminuzione) del capitale circolante [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:to="label_ifrs-full_IncreaseDecreaseInWorkingCapital" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_CashFlowsFromUsedInOperatingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Flussi finanziari derivanti da (usati in) attività operative [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="label_ifrs-full_CashFlowsFromUsedInOperatingActivities" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:label="loc_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Acquisto di immobili, impianti e macchinari, classificato come attività di investimento [negated]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="label_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:label="loc_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Acquisto di attività immateriali, classificato come attività di investimento [negated]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:to="label_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:label="loc_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Flussi finanziari usati nell'ottenimento del controllo di controllate o di altre aziende, classificati come attività di investimento [negated]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:to="label_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:label="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_CashFlowsFromUsedInInvestingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Flussi finanziari derivanti da (usati in) attività di investimento [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="label_ifrs-full_CashFlowsFromUsedInInvestingActivities" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:label="loc_ifrs-full_RepaymentsOfNoncurrentBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_RepaymentsOfNoncurrentBorrowings" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Rimborsi di finanziamenti non correnti [negated]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:to="label_ifrs-full_RepaymentsOfNoncurrentBorrowings" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:label="loc_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Pagamenti delle passività dei leasing, classificati come attività di finanziamento [negated]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="label_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:label="loc_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Dividendi pagati, classificati come attività di finanziamento [negated]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:to="label_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:label="loc_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Pagamenti per acquistare o liberare le azioni dell'entità [negated]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:to="label_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:label="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_CashFlowsFromUsedInFinancingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Flussi finanziari derivanti da (usati in) attività di finanziamento [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="label_ifrs-full_CashFlowsFromUsedInFinancingActivities" />
    <link:loc xlink:type="locator" xlink:href="815600FBF92FD3531704-2021-12-31.xsd#Rec_ImmobiliImpiantiEMacchinari" xlink:label="loc_Rec_ImmobiliImpiantiEMacchinari" />
    <link:label xlink:type="resource" xlink:label="label_Rec_ImmobiliImpiantiEMacchinari" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">immobili, impianti e macchinari</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_Rec_ImmobiliImpiantiEMacchinari" xlink:to="label_Rec_ImmobiliImpiantiEMacchinari" />
    <link:loc xlink:type="locator" xlink:href="815600FBF92FD3531704-2021-12-31.xsd#Rec_UtileNettoAttribuibileAiSociDellaControllante" xlink:label="loc_Rec_UtileNettoAttribuibileAiSociDellaControllante" />
    <link:label xlink:type="resource" xlink:label="label_Rec_UtileNettoAttribuibileAiSociDellaControllante" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Utile netto attribuibile ai soci della controllante</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_Rec_UtileNettoAttribuibileAiSociDellaControllante" xlink:to="label_Rec_UtileNettoAttribuibileAiSociDellaControllante" />
    <link:loc xlink:type="locator" xlink:href="815600FBF92FD3531704-2021-12-31.xsd#Rec_AccontoSulDividendo" xlink:label="loc_Rec_AccontoSulDividendo" />
    <link:label xlink:type="resource" xlink:label="label_Rec_AccontoSulDividendo" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Acconto sul dividendo</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_Rec_AccontoSulDividendo" xlink:to="label_Rec_AccontoSulDividendo" />
    <link:loc xlink:type="locator" xlink:href="815600FBF92FD3531704-2021-12-31.xsd#Rec_FinanziamentiDovutiOltreUnAnno" xlink:label="loc_Rec_FinanziamentiDovutiOltreUnAnno" />
    <link:label xlink:type="resource" xlink:label="label_Rec_FinanziamentiDovutiOltreUnAnno" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Finanziamenti dovuti oltre un anno</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_Rec_FinanziamentiDovutiOltreUnAnno" xlink:to="label_Rec_FinanziamentiDovutiOltreUnAnno" />
    <link:loc xlink:type="locator" xlink:href="815600FBF92FD3531704-2021-12-31.xsd#Rec_FinanziamentiDovutiEntroUnAnno" xlink:label="loc_Rec_FinanziamentiDovutiEntroUnAnno" />
    <link:label xlink:type="resource" xlink:label="label_Rec_FinanziamentiDovutiEntroUnAnno" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Finanziamenti dovuti entro un anno</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_Rec_FinanziamentiDovutiEntroUnAnno" xlink:to="label_Rec_FinanziamentiDovutiEntroUnAnno" />
    <link:loc xlink:type="locator" xlink:href="815600FBF92FD3531704-2021-12-31.xsd#Rec_Base" xlink:label="loc_Rec_Base" />
    <link:label xlink:type="resource" xlink:label="label_Rec_Base" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Base</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_Rec_Base" xlink:to="label_Rec_Base" />
    <link:loc xlink:type="locator" xlink:href="815600FBF92FD3531704-2021-12-31.xsd#Rec_Diluito" xlink:label="loc_Rec_Diluito" />
    <link:label xlink:type="resource" xlink:label="label_Rec_Diluito" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Diluito</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_Rec_Diluito" xlink:to="label_Rec_Diluito" />
    <link:loc xlink:type="locator" xlink:href="815600FBF92FD3531704-2021-12-31.xsd#Rec_UtileNettoMember" xlink:label="loc_Rec_UtileNettoMember" />
    <link:label xlink:type="resource" xlink:label="label_Rec_UtileNettoMember" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Utile netto member</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_Rec_UtileNettoMember" xlink:to="label_Rec_UtileNettoMember" />
    <link:loc xlink:type="locator" xlink:href="815600FBF92FD3531704-2021-12-31.xsd#Rec_AccontoSulDividendoMember" xlink:label="loc_Rec_AccontoSulDividendoMember" />
    <link:label xlink:type="resource" xlink:label="label_Rec_AccontoSulDividendoMember" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Acconto sul dividendo member</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_Rec_AccontoSulDividendoMember" xlink:to="label_Rec_AccontoSulDividendoMember" />
    <link:loc xlink:type="locator" xlink:href="815600FBF92FD3531704-2021-12-31.xsd#Rec_AccontoSuDividendo" xlink:label="loc_Rec_AccontoSuDividendo" />
    <link:label xlink:type="resource" xlink:label="label_Rec_AccontoSuDividendo" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Acconto su dividendo</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_Rec_AccontoSuDividendo" xlink:to="label_Rec_AccontoSuDividendo" />
    <link:loc xlink:type="locator" xlink:href="815600FBF92FD3531704-2021-12-31.xsd#Rec_AdjustmentsForImpairmentLosses" xlink:label="loc_Rec_AdjustmentsForImpairmentLosses" />
    <link:label xlink:type="resource" xlink:label="label_Rec_AdjustmentsForImpairmentLosses" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for impairment losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_Rec_AdjustmentsForImpairmentLosses" xlink:to="label_Rec_AdjustmentsForImpairmentLosses" />
    <link:loc xlink:type="locator" xlink:href="815600FBF92FD3531704-2021-12-31.xsd#Rec_AdjustmentsForDecreaseIncreaseInOtherAssetsAndLiabilities" xlink:label="loc_Rec_AdjustmentsForDecreaseIncreaseInOtherAssetsAndLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_Rec_AdjustmentsForDecreaseIncreaseInOtherAssetsAndLiabilities" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for decrease increase in other assets and liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_Rec_AdjustmentsForDecreaseIncreaseInOtherAssetsAndLiabilities" xlink:to="label_Rec_AdjustmentsForDecreaseIncreaseInOtherAssetsAndLiabilities" />
    <link:loc xlink:type="locator" xlink:href="815600FBF92FD3531704-2021-12-31.xsd#Rec_EffettoFusione" xlink:label="loc_Rec_EffettoFusione" />
    <link:label xlink:type="resource" xlink:label="label_Rec_EffettoFusione" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Effetto fusione</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_Rec_EffettoFusione" xlink:to="label_Rec_EffettoFusione" />
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