Research

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Research Update 17/04/2024

UPDATE – 17.04.2024

In the consolidated financial statement as of December 31, 2023, Palingeo recorded revenues of €58.50 million, a 14.7% increase compared to the € 51.02 million from the previous fiscal year. The EBITDA for the

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Research Update 16/04/2024

UPDATE – 16.04.2024

Pozzi Milano, in its financial statements as of December 31, 2023, reported sales revenues from finished products of € 18.79 million, substantially in line, net of a small decline (-12.7%), with the turnover of

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Research Update 16/04/2024

UPDATE – 16.04.2024

In the consolidated financial statements as of December 31, 2023, NVP reported revenues of € 27.48 million, marking a growth of 57.9% compared to € 17.41 million in FY22A, and exceeding the estimate of

- Riferimento
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Research Update 16/04/2024

UPDATE – 16.04.2024

At the end of the FY23A financial year, the Group had achieved revenues of € 19.78 million, marking an 8.2% decline from the € 21.54 million recorded for the previous period. EBITDA, at €

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Research Update 16/04/2024

UPDATE – 16.04.2024

Saccheria F.lli Franceschetti closed 2023 with revenues amounting to € 17.79 million, down compared to the equivalent figure for FY22A, equal to € 23.18 million, and to our estimate of € 19.50 million. EBITDA,

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Research Breaking News 15/04/2024

UPDATE – 15.04.2024

The value of production came in at € 11.37 million, higher than both the € 9.47 million recorded at the end of 2022 (+20.1%) and our previous report’s estimate of € 10.95 million. EBITDA

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Research Update 15/04/2024

UPDATE – 15.04.2024

The pro-forma figures for 2023 show the results of the new perimeter of the Reway Group, which records a value of production of €185.15 million, compared to the FY22A pro-forma figure of €163.90 million.

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Research Update 15/04/2024

UPDATE – 15.04.2024

TThe value of production amounted to € 22.56 million, marking a growth of 21.9% compared to the FY22A value of € 18.51 million, despite the uncertain geopolitical context and highly unstable raw material and

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Research Update 12/04/2024

UPDATE – 11.04.2024

The value of production for 2023 amounted to € 26.40 million, an improvement on the FY22A figure of € 21.56 million, in line with our estimate of € 26.50 million. EBITDA, equal to €

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Research Update 12/04/2024

UPDATE – 11.04.2024

Revenues amounted to € 40.90 million, in line with the end of 2022 figure of € 40.83 million, and slightly lower than the € 45.50 million estimated in our previous report. EBITDA, at €

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Research Update 12/04/2024

UPDATE – 11.04.2024

In the consolidated financial statements for the year ended December 31, 2023, Redelfi reported sales revenues of € 10.74 million, almost tripling the 2022 balance sheet value of € 3.96 million. The value of

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Research Breaking News 12/04/2024

BREAKING NEWS – 21.04.2024

In a press release of March 21, 2024, Frendy Energy, a company operating in Italy in the production of electricity from mini-hydro plants, listed on Euronext Growth Milan, announced the approval by the Board

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Research Update 10/04/2024

UPDATE – 10.04.2024

The value of production at the end of the period amounts to € 99.85 million, with a 21.2% increase compared to the FY22A (€ 82.41 million). The value of EBITDA at the end of

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Research Update 9/04/2024

UPDATE – 09.04.2024

In a press release dated 12 October 2023, the Company announced that it had finalised the acquisition of 100% of the capital of Abbrevia SpA, through the vehicle Bidco AML SpA, controlled by DigitalInfo

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Research Update 9/04/2024

UPDATE – 09.04.2024

Revenues amounted to € 32.09 million, down 1.4% from € 32.54 million in FY22A. EBITDA was € 5.34 million, remaining substantially in line with that of FY22A, equal to € 5.83 million. The EBITDA

- Riferimento
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Research Update 8/04/2024

UPDATE – 08.04.2024

In the consolidated financial statements as of December 31, 2023, Altea Green Power communicated sales revenues of € 3.40 million, with a value of production of € 17.30 million, marking a 3.5% growth compared to the

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Research Update 8/04/2024

UPDATE – 08.04.2024

In the consolidated financial statement as of December 31, 2023, the first full-year of consolidation following the acquisition of Pinum Doors & Windows in 2022, Nusco reports revenues of € 56.73 million, an increase of 11.4%

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Research Update 8/04/2024

UPDATE – 08.04.2024

Revenues came in at € 25.21 million, substantially in line with the previous year’s result of € 25.46 million and with our estimate of € 25.60 million. EBITDA, equal to € -0.99 million, recorded a

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Research Update 5/04/2024

UPDATE – 05.04.2024

Revenues amounted to € 35.79 million as of December 31, 2023, an increase of 12.9% compared to the previous period, in which they amounted to € 31.71 million. EBITDA as of December 31, 2023

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Research Update 5/04/2024

UPDATE – 03.04.2024

In 2023, revenues from sales and services closed at € 6.15 million, making a 29.7% increase from € 4.74 million in 2022. At the end of the 2023 fiscal year, the EBITDA stands at

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Research Update 5/04/2024

UPDATE – 03.04.2024

Revenues amounted to € 66.77 million, compared to € 62.16 million recorded at the end of 2022. EBITDA, equal to € 16.95 million, recorded an increase from € 15.83 million in the previous year

- Riferimento
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Research Update 5/04/2024

UPDATE – 03.04.2024

Revenues amounted to € 49.75 million, up 2.5% from the FY22A value (€ 48.51 million) and our previous report’s estimate of € 49.00 million. EBITDA reached € 8.10 million, marking an increase of 7.2%

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Research Breaking News 5/04/2024

BREAKING NEWS – 29.02.2024

In the press release of February 26, 2024, SolidWorld Group, the Company at the head of the leading Group in digital technologies, 3D printing, 3D bio-fabrication, and state-of-the-art photovoltaic panel production lines, announced the

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Research Update 4/04/2024

UPDATE – 04.04.2024

The value of production amounted to € 13.21 million, compared to € 10.85 million recorded at the end of 2022, and € 14.60 million estimated in our previous report. EBITDA, equal to € 3.19

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Research Update 4/04/2024

UPDATE – 04.04.2024

The value of production for FY23A amounted to € 248.23 million, up 21.8% compared to € 203.81 million in FY22A, and in line with our estimate of € 243.00 million. EBITDA for the period

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Research Update 25/03/2024

UPDATE – 25.03.2024

As of December 31, 2023, Matica Fintec reported a turnover of € 22.59 million, achieving a growth of 15.9%, compared to the 2022 financial year, in which revenues amounted to € 19.49 million, and

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Research Update 25/03/2024

UPDATE – 25.03.2024

Revenues came in at € 15.16 million, down 11.9% compared to € 17.20 million in FY22A, and to the € 14.80 million estimated in our previous report. The company’s EBITDA, at € 1.68 million,

- Riferimento
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Research Update 25/03/2024

UPDATE – 25.03.2024

The value of production stands at € 50.52 million, compared to a value of € 46.08 million recorded at the end of 2022, and to € 49.75 million estimated in our previous report. The

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Research Update 22/03/2024

UPDATE – 22.03.2024

At the end of 2023, Revenues reached € 10.64 mln, an increase of 196.7% compared to the previous period when they amounted to € 3.59 mln, overcoming our previous estimates of € 10.00 mln.

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Research Breaking News 7/03/2024

BREAKING NEWS – 07.03.2024

In the press release dated March 5th, 2024, Promotica SpA – a loyalty agency specialized in the creation of marketing solutions aimed at increasing sales, loyalty and brand advocacy, listed on Euronext Growth Milan

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Research Breaking News 7/03/2024

BREAKING NEWS – 07.03.2024

In a press release on March 6th, 2024, E-Globe, an innovative SME operating in the manufacture, design and distribution of energy-efficient plumbing, heating and air conditioning systems through its proprietary platform www.climamarket.it, listed on

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Research Breaking News 7/03/2024

BREAKING NEWS – 07.03.2024

In a press release of February 29, 2024, Pozzi Milano SpA – Company active in the table fashion industry, owner of the “EasyLife” brand, and through its subsidiary Pozzi Brand Diffusion Srl, of the

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Research Breaking News 28/02/2024

BREAKING NEWS – 28.02.2024

In the press release of February 27, 2024, Marzocchi Pompe, a leading designer, manufacturer, and distributor of high-performance gear pumps and motors, announced the purchase of a new 2,500-square-meter facility, 1,000 of which are

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Research Update 22/02/2024

Initiation of Coverage – 22.02.2024

Palingeo SpA is an Italian company operating in the geotechnical and geognostic sectors, engaged in the construction of civil and infrastructural works, soil foundation consolidation, and excavation front support. The Company was established in

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Research Breaking News 15/02/2024

BREAKING NEWS – 15.02.2024

In the press release issued on February 9, 2024, Reway Group SpA – a leading Italian company for the repair of road and highway infrastructure, announced that it has been awarded a major contract

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Research Breaking News 9/02/2024

BREAKING NEWS – 09.02.2024

In a press release of February 5, 2024, Nusco SpA, a Company active in the production and marketing of interior doors and windows made of wood, PVC, aluminum and iron under the NUSCO brand,

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Research Breaking News 9/02/2024

BREAKING NEWS – 09.02.2024

In the press release of February 7, 2024, Intred SpA, a telecommunications operator listed on the Euronext Growth Milan market, reported that revenues as of December 31, 2023 amounted to €50.10 million, an increase

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Research Breaking News 7/02/2024

BREAKING NEWS – 07.02.2024

In the press release as of January 31st, 2024, Convergenze SpA – a Benefit Company active in the 100% green Telecommunication and Energy sectors, present in the national territory through its patented EVO (Electric

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Research Breaking News 5/02/2024

BREAKING NEWS – 05.02.2024

In a press release issued on January 25th, 2024, NVP SpA, an Innovative SME listed on Euronext Growth Milan, active in the end-to-end creation of content for television networks and broadcasting services, announced that

- Riferimento
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Research Breaking News 2/02/2024

BREAKING NEWS – 02.02.2024

In the press release of February 1, 2024, FOPE SpA – a leading Italian goldsmith company in the high-end jewelry sector listed on the Euronext Growth Milan market, announced the establishment of FOPE Japan

- Riferimento
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Research Breaking News 1/02/2024

BREAKING NEWS – 01.02.2024

In a press release issued on January 25th, 2024, NVP SpA, an Innovative SME listed on Euronext Growth Milan, active in the end-to-end creation of content for television networks and broadcasting services, announced that

- Riferimento
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Research Breaking News 31/01/2024

BREAKING NEWS – 31.01.2024

In a press release issued on January 29, 2024, Intred SpA, a telecommunications operator listed on the Euronext Growth Milan market, announced that it has signed a binding agreement with Aliedo SpA, as the

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Research Breaking News 30/01/2024

BREAKING NEWS – 30.01.2023

On 25/01/2024, Marzocchi Pompe, a leading designer, manufacturer and supplier of high-performance gear pumps and motors, announced some preliminary data for FY23A. In detail, the figures for 2023:In our report published on 10 October

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Research Update 23/01/2024

UPDATE – 23.01.2024

In its press release of January 15, 2024, Altea Green Power announced its approval of the new 2024-2028 Business Plan, drawn up considering the significant progress over the last year, in comparison with the

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Research Breaking News 19/01/2024

BREAKING NEWS – 19.01.2024

In the press release of January 17, 2024, FOPE SpA – a leading Italian jewelry company in the high-end jewelry sector listed on the Euronext Growth Milan market, announced that it had closed the

- Riferimento
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Research Breaking News 18/01/2024

BREAKING NEWS – 18.01.2024

In a press release of January 15, 2024, SolidWorld Group, the Company heading the leading Group in digital technologies, 3D printing as well as additive manufacturing, announced that its subsidiary SolidFactory Srl, which is

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Research Breaking News 18/01/2024

BREAKING NEWS – 18.01.2024

In a press release of January 16, 2024, Mondo TV SpA (“the Group”), which is active in the market for the production and exploitation of animated television series, announced that it has launched the

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Research Breaking News 16/01/2024

BREAKING NEWS – 16.01.2024

In a press release of January 12th, 2024, Arras Group, a technology company for real estate development of second homes mainly in Sardinia, listed on the Euronext Growth Milan market (EGM), announces an update

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Research Update 8/01/2024

Initiation of Coverage – 08.01.2024

Simone SpA is an Italian company established in Naples in 2011 and operating in the publishing sector through a number of brands, including Edizioni Simone, which has over 50 years of history. Simone is

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Research Update 21/12/2023

UPDATE – 21.12.2023

On December 11th, 2023, Redelfi announced the approval of the 2023-2026 Business Plan update, which occurred as a result of the change of focus that includes the Company’s acceleration of the expansion of the

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Research Breaking News 19/12/2023

BREAKING NEWS – 19.12.2023

In a press release of December 15, 2023, FAE Technology SpA – Benefit Company, an innovative SME operating in the design, prototyping, engineering and production of solutions for the integrated electronics sector, listed on

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Research Update 19/12/2023

UPDATE – 19.12.2023

Alfio Bardolla Training Group (or “ABTG”), classed as an Italian Innovative SME and operating in the sector of non-formal personal financial training on the Italian market and, to a lesser extent, on the Spanish

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Research Breaking News 12/12/2023

BREAKING NEWS – 12.12.2023

In a press release of December 7, 2023, FAE Technology SpA – Benefit Company, an innovative SME operating in the design, prototyping, engineering and production of solutions for the integrated electronics sector, listed on

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Research Breaking News 6/12/2023

BREAKING NEWS – 06.12.2023

In a press release of December 1st, 2023, Nusco SpA, a Company operating in the production and marketing of NUSCO-branded wood, PVC, aluminum and iron interior doors and window frames, listed on Euronext Growth

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Research Update 6/12/2023

UPDATE – 06.12.2023

During the first half of the 2023 financial year, Mexedia Group generated consolidated revenues of € 133.36 million, up 59.4% from the 1H22A figure of € 83.68 million. The EBITDA for the period, equal

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Research Update 28/11/2023

UPDATE – 28.11.2023

FAE Technology, an Italian Benefit Corporation (Società Benefit) and Innovative SME (PMI Innovativa), specialized in the design, prototyping, planning and production of solutions for the electronics sector, announced the signing, on November 8th, 2023,

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Research Breaking News 19/11/2023

BREAKING NEWS – 17.11.2023

In the press release of November 15, 2023, Spindox, a leading company in the market of ICT (Information & Communication Technology) services and products for digital innovation in enterprise business, reported the unaudited consolidated

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Research Breaking News 9/11/2023

BREAKING NEWS – 09.11.2023

In a press release of November 6, 2023, Promotica SpA – a loyalty agency specializing in the implementation of marketing solutions aimed at increasing sales, loyalty and brand advocacy, listed on Euronext Growth Milan

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Research Breaking News 8/11/2023

BREAKING NEWS – 06.11.2023

In a press release of October 24th, 2023, Renergetica SpA, a company operating in the development of projects from renewable sources, listed on Euronext Growth Milan, announced, as it was anticipated in August, the

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Research Breaking News 6/11/2023

BREAKING NEWS – 06.11.2023

In a press release of October 30th, 2023, Redelfi, a company at the head of the Genoa-based industrial group of the same name engaged in the development of innovative and sustainable infrastructure to facilitate the energy

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Research Update 27/10/2023

Initiation of Coverage – 27.10.2023

Società Editoriale Il Fatto SpA is an independent Company active in the multimedia publishing sector, and was established in April 2009 by Cinzia Monteverdi­, Antonio Padellaro, Peter Gomez and Marco Lillo, leading professionals in

- Riferimento
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Research Update 26/10/2023

UPDATE – 23.10.2023

Reway Group, the Italian leading player for the rehabilitation of road and motorway infrastructures, has announced the signing of an agreement for the acquisition of 70.0% of the share capital of Se.Gi. SpA, one

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Research Breaking News 25/10/2023

BREAKING NEWS – 25.09.2023

In a press release of October 24, 2023, Alfio Bardolla Training Group SpA (ABTG), the leading Italian SME in digital financial & business training, listed on Euronext Growth Milan, announced the full operation of

- Riferimento
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Research Update 24/10/2023

UPDATE – 02.10.2023

At the end of the first half-year of 2023, Websolute Group reported revenues of € 10.32 million, a slight decrease of 1.8% compared to the results of 1H22A, in which revenues amounted to €

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Research Update 24/10/2023

UPDATE – 06.10.2023

The value of production amounted to € 7.16 million, compared to a value of € 5.22 million reported for 1H23A, marking an increase of 37.0%. EBITDA, equal to € 1.96 million, saw an increase

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Research Update 23/10/2023

UPDATE – 23.10.2023

In 1H23A, The value of production stood at € 5.30 million, compared to a value of € 6.42 million recorded as of June 30th, 2022. EBITDA, amounting to € 2.50 million, decreased by 30.7%

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Research Update 23/10/2023

UPDATE – 23.10.2023

Sales revenues in 1H23A amounted to € 13.08 million, up 12.5% compared to € 11.62 million in 1H22A. EBITDA for the half-year came to € 2.41 million, slightly down by -12.3%, compared to €

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Research Update 23/10/2023

UPDATE – 23.10.2023

In the half year results as of June 30, 2023, NVP reported revenues of € 12.74 million, marking a clear increase compared to the 1H22A result of € 8.18 million (+55.7%). EBITDA, consequently, rose

- Riferimento
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Research Update 23/10/2023

UPDATE – 23.10.2023

The company’s revenues came in at € 3.18 million, marking an increase of 30.8% compared to the 1H22A figure of € 2.43 million. EBITDA came in negative by € 0.45 million, worsening compared to

- Riferimento
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Research Update 19/10/2023

UPDATE – 19.10.2023

The 1H23A value of production came in at € 118.96 million, up 18.1% compared to € 100.69 million in 1H22A. EBITDA for the period amounted to € 5.64 million, up by 35.4% compared to

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Research Update 18/10/2023

UPDATE – 18.10.2023

In the press release of September 29, 2023, the Company announced the Board of Directors’ approval of the half-year results as of June 30, 2023. During the first part of 2023 fiscal year, the

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Research Update 18/10/2023

UPDATE – 17.04.2023

In the press release of September 29, 2023, the Company announced the Board of Directors’ approval of the results as of June 30, 2023. During the first part of 2023 fiscal year, the Company

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Research Update 18/10/2023

UPDATE – 18.10.2023

In the half year results as of 1H23A, Comal reported a value of production of € 47.03 million, up 22.3% compared to the figure of 1H22A, equal to € 38,44 million. EBITDA for the

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Research Update 18/10/2023

UPDATE – 18.10.2023

The Group generated consolidated revenues of €30.21 million, marking a growth of 17.4% compared to 1H22A, which was €25.73 million. The value of production, including other revenues of €1.03 million, amounted to €31.24 million,

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Research Update 18/10/2023

UPDATE – 18.10.2023

The value of production for the first half-year of 2023 amounted to € 1.52 million, marking a notable increase compared to the 1H22A figure of € 0.10 million. EBITDA was negative by € -0.83

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Research Update 17/10/2023

UPDATE – 17.10.2023

The value of production at the end of the period stood at € 49.39 million, up 27.1% from the 1H22A figure of € 38.85 million. EBITDA at the end of 1H23A amounted to €

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Research Update 17/10/2023

UPDATE – 17.10.2023

At the end of the first half of 2023, the value of production stood at € 4.92 million, making an increase of 2.0% compared to the result of the first half-year of the previous

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Research Update 16/10/2023

UPDATE – 16.10.2023

In the financial statement as of June 30th, 2023, Altea Green Power communicated sales revenues of € 2.14 million, amounting to a value of production of € 10.05 million, marking a 34.0% growth compared

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Research Update 16/10/2023

UPDATE – 16.10.2023

In its financial statement as of June 30th, 2023, Redelfi reported sales revenues of € 4.13 million. The value of production came in at € 4.19 million, showing an increase of 226,7% compared to

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Research Update 13/10/2023

UPDATE – 13.10.2023

The value of production came in at € 9.10 million, up 22.7% compared to the 1H22A value, equal to € 7.42 million. EBITDA, equal to € 1.57 million, saw an increase of 81.5% compared

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Research Update 13/10/2023

UPDATE – 13.10.2023

Revenues came in at € 16.70 million, up 16.4% compared to the 1H22A figure, equal to € 14.35 million. Adjusted EBITDA amounted to € -0.07 million, an increase on the 1H22A figure, negative by

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Research Update 12/10/2023

UPDATE – 11.10.2023

The Group’s revenues amounted to € 12.14 million, marking a growth of 9.9% compared to the € 11.05 million reported in 1H22A. EBITDA came in negative at € 0.50 million, clearly down on the

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Research Update 12/10/2023

UPDATE – 12.10.2022

The value of production in 1H23A amounted to € 13.66 million, up by 44.6% compared to the figure for 1H22A, equal to € 9.45 million. EBITDA for the half-year was € 2.34 million, marking

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Research Update 12/10/2023

UPDATE – 12.10.2023

In the consolidated report as of June 30th, 2023, the Group reported consolidated revenues of € 33.22 million, marking a decrease of 26.1% compared to the 1H22A figure, equal to € 45.17 million. EBITDA for

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Research Update 10/10/2023

UPDATE – 10.10.2023

For the first half-year of 2023, the Group reported revenues of € 26.63 million, up 4.4% compared to 1H22A, equal to € 25.50 million. EBITDA amounted to € 4.96 million, marking a sharp rise

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Research Update 9/10/2023

Initiation of Coverage – 09.10.2023

Emma Villas SpA, a company established in 2006 by Giammarco Bisogno, an expert in the sector with over 25 years of experience, is a leading incoming tour operator specialised in the weekly vacation rentals

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Research Update 9/10/2023

UPDATE – 09.10.2023

The company reported a pro-forma value of production of € 54.72 million for 1H23A (compared to € 56.18 million for the 1H22A results). EBITDA for the period came in at € 10.63 million, in

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Research Update 9/10/2023

UPDATE – 09.10.2023

The value of production stands at € 10.78 million, marking a strong growth of 37.5% compared to the 1H22A figure, equal to € 7.84 million, despite the uncertainty of the general economic context. EBITDA

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Research Update 9/10/2023

UPDATE – 09.10.2023

Convergenze reported a value of production of € 10.49 million, a decrease of 17.1% compared to the 1H22A figure, equal to € 12.66 million, attributable to the sharp drop in energy prices. With the

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Research Update 9/10/2023

UPDATE – 09.10.2023

In the half-yearly report as of June 30th, 2023, Nusco Group reported net revenues of € 24.60 million, showing favorable developments in the strategy of diversification and customization of Nusco’s commercial offerings, aimed at

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Research Update 9/10/2023

UPDATE – 09.10.2023

Revenues for the first half of 2023 amounted to € 9.80 million, compared to approximately € 12.61 million in 1H22A, therefore marking a fall of 22.3%. EBITDA, equal to € 1.33 million, saw an

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Research Update 6/10/2023

UPDATE – 06.10.2023

Revenues in 1H23A were valued at € 16.52 million, marking a growth of 17.3% compared to 1H22A figure (€ 14.08 million). EBITDA came in at € 2.21 million, remaining substantially in line with that

- Riferimento
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Research Update 6/10/2023

UPDATE – 06.10.2023

The Group, in the consolidated half-yearly financial report as of 30 June 2023, announced that it had generated revenues of € 2.28 million, up 55.2% compared to the half-yearly figure of 2022, equal to