Breaking News, Research 20 Sep 2024
BREAKING NEWS – 20.09.2024
In the press release dated September 18, 2024, Simone SpA, a publishing company listed on Euronext Growth Milan, announced the continued growth and strengthening of its collaboration with Contrader Srl, a company with extensive experience in the ICT sector, specializing in innovative projects, artificial intelligence, advanced consulting, and software development. With the start of the second phase of the project, the two companies aim to integrate, connect, and process Simone’s editorial content, leveraging the potential of artificial intelligence. This new phase of the project between Contrader Group and Simone involves the creation of an innovative software platform based on generative artificial intelligence, designed to process data more quickly and deliver more precise and reliable results. The platform’s distinguishing feature is the quality of the sources, drawn exclusively from Simone’s archives, which are regularly updated by industry experts. This ensures that the AI can provide consistently accurate and up-to-date responses. The platform will be capable of generating practice tests for students and exam candidates, creating summaries, and identifying the most current documents on specific topics, with the ability to improve its performance over time through machine learning. Furthermore, the platform offers the option to select from three different tones of voice (TOV): formal/institutional, web-optimized, and creative. Officially announced on April 16, 2024, the collaboration has already completed the first phase of testing, yielding excellent results that have confirmed the continuation of software development. At the same time, Simone has introduced innovations such as instant videos featuring AI-driven avatars that explain content from the company’s books, which are the result of its editors’ expertise. The software being developed with Contrader Group will further enhance existing tools, applying them across all editorial and educational sectors in which Simone operates. The start of the second phase of the project with Contrader Group strengthens our positive view on the stock. For this reason, we confirm our recommendation: Target Price € 3.10, Rating BUY, and Medium Risk. 2024, Intred SpA, a telecommunications operator listed on the Euronext Growth Milan market, announced the signing of a preliminary contract for the purchase of a building plot located in the province of Brescia. The area, strategically positioned for urban redevelopment, is currently undergoing environmental remediation and plays a key role in the company’s development plan. The acquisition of this property, which spans over 28,000 square meters, is aimed at the construction of a Data Center, a crucial infrastructure within Intred’s Strategic Plan for the 2021-2027 period. This plan will be reviewed and approved by the Board of Directors in the meeting scheduled for September 24. In addition to the land extension, Intred will also acquire the corresponding building rights, which include 6,000 square meters allocated for the Data Center and another 4,000 square meters reserved for the construction of offices designated for production or tertiary and managerial purposes. The Data Center project, pivotal for the company’s expansion and service diversification, represents one of the main pillars of Intred’s long-term strategy. However, the finalization of the contract and the start of construction work are contingent upon obtaining all necessary authorizations, approvals, and certifications in accordance with current regulations. Once completed, the Data Center will be a highly significant technological infrastructure for the entire region, contributing to strengthening Intred’s presence in the sector and supporting the region’s digital transformation. The contract signed by the Company demonstrates Intred’s full alignment with its Strategic Plan, not only reinforcing its territorial presence but also contributing to the creation of economic and infrastructural opportunities for the entire province. This strengthens our positive outlook on the stock, and we therefore confirm our recommendation: Target Price € 20.50, Rating BUY, and Risk MEDIUM. |