Fabilia Group
On 7 August 2020, Fabilia Group S.p.A. obtained admission to negotiate ordinary shares on AIM Italia, a multilateral negotiations system organized and managed by Borsa Italiana. Negotiations began on 11 August 2020.
Integrae SIM acted as Nomad, Global Coordinator, and Issuer Specialist.
The admission to the listing took place following the placement of 1,080,000 newly issued ordinary shares. The unit price of the shares resulting from the placement was set at Euro 1.60; based on this price, a market capitalization equal to Euro 9.7 million is expected.
The total equivalent of the resources raised through the transaction, entirely in the capital increase, amounts to Euro 1.7 million
The enterprise. Fabilia, founded in Milano Marittima in 2013, is the Italian leader of holidays dedicated to families with children from 0 to 16 years. The Company, which has a total of 10 hotels and resorts, including 8 at sea and 2 in the mountains, bases its business model on the “Only family with kids” format, which includes a “Free Drink & Food H24” All Inclusive Experience Format designed and registered by Fabilia®. The Group has progressively standardized and industrialized its offer: to date, all the structures are made up of 3 and 4-star hotels with several rooms ranging from 50 to 150 and indoor and outdoor spaces that include play areas (at least over 200 square meters), swimming pool, private beach, park area, outdoor sports equipment, and recreational activities.
Ultima Ricerca Fabilia Group
BREAKING NEWS| Energy Time, listed since 2025 on Euronext Growth Milan, is a D-EPC-OM operator active along the entire renewable energy plant value chain, from development and construction to management and maintenance. Its client portfolio primarily includes IPPs, investment funds and energy-intensive corporates that recognise Energy Time as a reliable partner in the energy transition. In recent months, the Group has recorded a significant intensification of commercial activity, with the signing of new EPC contracts that increase visibility on 2026 and further strengthen the order backlog. The growth in new orders recorded a first transaction on October 31st, 2025, when the Company disclosed the signing of an EPC contract with a leading international player for the construction of a photovoltaic plant in Lombardy with a capacity of approximately 5.1 MWp, serving a production facility of a large international industrial group, for a total value of approximately € 1.40 million. Works are expected to start by the end of 2025, with completion scheduled around mid-2026. Subsequently, on December 23rd, 2025, the Group announced the signing of a strategic partnership with Voltuna Srl, part of the Gas Sales Energia Group, for the development of turnkey photovoltaic plants. Within the framework of the agreement, the first contracts were launched for a total of 2.5 MWp in the province of Piacenza, with an aggregate value of € 1.70 million. Works are expected to begin in the first months of 2026, with completion scheduled around mid-2026. The growth trajectory further accelerated on February 18th, 2026, when the Company announced the signing of new EPC contracts for the construction of photovoltaic plants in Sicily and Molise with a total capacity of 40.0 MWp and an overall value of approximately € 18.00 million, with completion expected in the second half of 2026. The counterparty is Nadara, an Independent Power Producer with over 4.0 GW of installed capacity and an additional 18.0 GW under development across Europe and the United States. Overall, between October 2025 and February 2026, Energy Time announced new contracts for more than € 21.10 million, with a pipeline largely extending into FY26, demonstrating the Group’s ability to operate with high-profile counterparties, ranging from energy-intensive corporates and system integrators to leading international IPPs. Based on the information disclosed in the press release, the agreement represents a further step in the Group’s growth path, strengthening visibility on 2026 revenues and its positioning in the photovoltaic segment. Pending the publication of annual results, we confirm our recommendation: target price € 5.25, rating BUY, risk Medium. |
