Home / Track Record / G.M. Leather S.p.A.
13 Jul 2022

G.M. Leather S.p.A. /13.07.2022

On 11 July 2022 G.M. Leather S.p.A. announces that it has received from Borsa Italiana the order for the admission of the Company’s Ordinary Shares and Warrants on “Euronext Growth Milan”, a multilateral negotiations system organized and managed by Borsa Italiana. Negotiations began on 13 July 2022.

The total equivalent of the resources collected through the placement is approximately Euro 4,000,000.

The enterprise G.M. Leather S.p.A. is a company established in 2011 and is the head of the G.M. Group, founded in 1976 by Marcigaglia Family through the establishment of the companies, currently wholly owned by the Issuer, SNAM di Marcigaglia Antonio & C S.r.l. (“Snam”) and subsequently of Genesi S.r.l. (“Genesis”), and has been active for over 45 years in the processing and marketing of leather intended for the manufacture of products for the furniture, leather goods, fashion, tanneries, and automotive aftermarket sectors.

Ultima Ricerca G.M. Leather S.p.A.

  • BREAKING NEWS – 19.02.2025
    In the press release dated February 18th, 2025, Casta Diva Group SpA, a multinational company listed on Euronext Growth Milan and active in the communication sector for the production of branded content, viral videos, digital content, films, and live music entertainment, announced its preliminary consolidated revenue figures for 2024. These results, which have not yet been subject to statutory audit, indicate a revenue of € 123.40 million, marking a 10.7% increase compared to € 111.50 million recorded at the end of 2023. This growth is attributable to both strong organic expansion and the recent acquisitions of Artificio Italiano Srl and First Class Srl, transactions completed in 2024. The reported figure also exceeds by 2.3% the projections for 2024 outlined in the 2023-2026 Business Plan, presented on December 4th, 2023.

    In conclusion, the preliminary results confirm the solid and structured growth trajectory undertaken by Casta Diva Group, which continues to strengthen its position in the entertainment sector through a well-balanced combination of organic expansion and strategic inorganic growth initiatives. The company’s outperformance relative to the Business Plan projections and the positive impact of recent acquisitions validate the effectiveness of its strategic approach, further supporting the sustainability of its growth model and the value generated.

    Therefore, considering the positive preliminary results and awaiting a meeting with the management for a more detailed assessment of the full-year results, we confirm our recommendation: Target Price €3.20, Rating BUY, and Risk Medium.
    Leggi il pdf
Index performance Visit company website Press releases

Latest Research G.M. Leather S.p.A.

Latest news G.M. Leather S.p.A.