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Biesse SpA (BSS.MI)

BSS.MI on Milan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Biesse division signs two preliminary agreements to acquire Movetro and Montresor & C
Wednesday, 19 Jul 2017 10:54am EDT 

July 19 (Reuters) - BIESSE SPA ::ITS DIVISION, INTERMAC, SIGNS TWO PRELIMINARY AGREEMENTS TO ACQUIRE TWO ITALIAN COMPANIES THAT ARE BOTH LEADERS IN THEIR REFERENCE SECTORS.INTERMAC REACHED AN AGREEMENT TO ACQUIRE 60% OF MOVETRO AND, IN JOINT VENTURE WITH DONATONI MACCHINE, TO PURCHASE MONTRESOR & C.  Full Article

Biesse Q1 net profit triples to EUR 9.4 mln
Friday, 12 May 2017 07:43am EDT 

May 12 (Reuters) - BIESSE SPA ::Q1 NET PROFIT EUR 9.4 MILLION VERSUS EUR 3.1 MILLION YEAR AGO.Q1 PRODUCTION VALUE EUR 173.3 MILLION VERSUS EUR 128.1 MILLION YEAR AGO.SEES NEXT QUARTERS RESULTS TO CONVERGE TOWARDS THE ONES STATED IN THE THREE YEARS PLAN.  Full Article

Biesse FY net profit rises to EUR 29.5 mln
Tuesday, 14 Mar 2017 07:00am EDT 

Biesse SpA : FY revenue 618.5 million euros ($657.53 million) versus 519.1 million euros a year ago . FY net profit 29.5 million euros versus 21.1 million euros a year ago .Proposes dividend of 0.36 euro per share.  Full Article

Biesse sees FY revenue up 19.1 pct at EUR 618.1 mln, updates 2017-2019 industrial plan
Tuesday, 28 Feb 2017 07:40am EST 

Biesse SpA : Approves the updated group industrial plan for the three-year period 2017-2019 . Expects growth in consolidated net revenues with organic CAGR - over the three year period - of 10.1 percent and revenues of more than 825 million euros ($874.25 million) expected in 2019 . Expects EBITDA showing a three year (2017-2019) CAGR of 11.6 percent . Says 2016 showed growth in revenues and increased profitability . Consolidated revenues for 2016 are estimated to have risen by 19.1 percent compared with the previous year up to 618.1 million euros .For 2016 EBITDA is estimated at 12.3 percent of the net sales.  Full Article

BRIEF-Biesse H1 net profit up at EURO 11.9 mln
Wednesday, 3 Aug 2016 07:09am EDT 

Corrects company name..Biesse SpA : H1 revenue 283.4 million euros ($317.46 million) versus 245.5 million euros a year ago .H1 net profit 11.9 million euros versus 10.5 million euros a year ago.  Full Article

Biesse buys 100 pct of Uniteam
Friday, 20 May 2016 01:25am EDT 

Biesse SpA : Said on Thursday it signed a contract for the acquisition of 100 percent of Uniteam SpA . The settlement terms for the acquisition are for a cash investment of 2.1 million euros ($2.35 million) . The contract also provides an earn-out payment of up to 0.6 million euros, conditional on the achievement of pre-determined economic targets for the current year .Uniteam SpA specializes in the design and production of equipment and systems for processing wood, glass, stone and composite materials processing equipment and systems.  Full Article

Biesse Q1 net profit down at EUR 3.1 mln
Friday, 6 May 2016 07:10am EDT 

Biesse SpA : Q1 net profit 3.1 million euros ($3.54 million) versus 3.9 million euros a year ago .Q1 revenue 117.6 million euros versus 112.8 million euros a year ago.  Full Article

Biesse SpA proposes FY 2015 dividend
Thursday, 10 Mar 2016 07:00pm EST 

Biesse SpA:Proposes dividend of 0.36 euro per share.  Full Article

Biesse SpA issues FY 2018 revenue guidance
Friday, 26 Feb 2016 07:07am EST 

Biesse SpA:Expects FY 2018 revenue at more than 704 million euros.  Full Article

Bi.Fin to sell about 7.5 pct stake in Biesse SpA in accelerated bookbuilding
Wednesday, 28 Oct 2015 12:32pm EDT 

Biesse SpA:Bi.Fin Srl starts selling about 7.5 percent stake in Biesse SpA in public placement reserved to professional investors through accelerated bookbuilding.  Full Article