Edition:
United States

IMA Industria Macchine Automatiche SpA (IMAI.MI)

IMAI.MI on Milan Stock Exchange

80.05EUR
10:07am EDT
Change (% chg)

€0.10 (+0.13%)
Prev Close
€79.95
Open
€79.95
Day's High
€80.10
Day's Low
€79.70
Volume
44,358
Avg. Vol
77,726
52-wk High
€85.60
52-wk Low
€52.50

Latest Key Developments (Source: Significant Developments)

IMA: IPO price range of unit GIMA TT set at EUR 9.60-12.50 per share
Thursday, 14 Sep 2017 01:30am EDT 

Sept 14 (Reuters) - IMA INDUSTRIA MACCHINE AUTOMATICHE SPA :‍INDICATIVE PRICE RANGE OF GIMA TT'S SHARES IN IPO HAS BEEN SET BETWEEN EUR 9.60 AND EUR 12.50 (INCLUSIVE) PER SHARE​.‍IMA WILL OFFER 5,646,800 SHARES, CORRESPONDING TO ABOUT 6.417% OF GIMA TT.‍FURTHER 3,080,000 SHARES COULD BE ADDED CORRESPONDING TO ABOUT 3.500% OF GIMA TT.‍MAESTRALE INVESTIMENTI S.P.A. WILL OFFER 25,153,200 SHARES CORRESPONDING TO ABOUT 28.583% OF GIMA TT.‍IF GREENSHOE OPTION IS EXERCISED IN FULL, MAXIMUM OFFERED WILL BE 33,880,000 SHARES, CORRESPONDING TO 38.500% OF GIMA TT.‍INSTITUTIONAL OFFERING IS EXPECTED TO COMMENCE ON 18 SEPTEMBER 2017​.  Full Article

IMA tobacco packaging unit GIMA TT files for IPO
Tuesday, 8 Aug 2017 03:22am EDT 

Aug 8 (Reuters) - INDUSTRIA MACCHINE AUTOMATICHE SPA ::SAID ON MONDAY UNIT GIMA TT SPA HAD FILED A REQUEST FOR ADMISSION TO LIST ON THE ITALIAN EQUITIES MARKET (MTA), STAR SEGMENT.GIMA TT IS ENGAGED IN THE BUSINESS OF AUTOMATIC MACHINES FOR THE PACKAGING OF TOBACCO PRODUCTS.THE PROPOSED LISTING WILL BE REALIZED VIA A PLACEMENT OF SHARES BY THE EXISTING SHAREHOLDERS.IMA WILL REMAIN THE CONTROLLING SHAREHOLDER OF GIMA TT.  Full Article

IMA H1 net profit down at EUR 38.1 mln
Friday, 4 Aug 2017 07:05am EDT 

Aug 4 (Reuters) - IMA INDUSTRIA MACCHINE AUTOMATICHE SPA ::H1 REVENUE EUR 654.6 MILLION VERSUS EUR 572.2 MILLION YEAR AGO.H1 NET PROFIT EUR 38.1 MILLION VERSUS EUR 41.7 MILLION YEAR AGO.SEES FY REVENUES OF MORE THAN EUR 1.4 BILLION AND GROSS OPERATING MARGIN OF OVER EUR 205 MILLION.  Full Article

IMA finalises with Redaelli family acquisition of 60 pct in Eurosicma
Tuesday, 25 Jul 2017 11:45am EDT 

July 25 (Reuters) - IMA INDUSTRIA MACCHINE AUTOMATICHE SPA ::FINALISES WITH REDAELLI FAMILY ACQUISITION OF 60% OF SHARES IN EUROSICMA S.P.A.IMA'S OVERALL OUTLAY AMOUNTS TO AROUND 26 MILLION EUROS, ENTIRELY PAID AT CLOSING.ALSO SIGNED PUT & CALL OPTION AGREEMENTS ON OTHER 40% OF SHARES, TO BE EXERCISED BY APRIL 2027.  Full Article

IMA Industria Macchine Automatiche to buy 60 pct stake in Eurosicma
Wednesday, 28 Jun 2017 05:08am EDT 

June 28 (Reuters) - IMA INDUSTRIA MACCHINE AUTOMATICHE SPA ::SIGNS AGREEMENT WITH REDAELLI FAMILY FOR PURCHASE OF 60% OF SHARES IN EUROSICMA SPA.FOR IMA, OPERATION ENTAILS AN OUTLAY OF SOME 26 MILLION EUROS, TO BE PAID AT CLOSING, WHICH IS EXPECTED TO TAKE PLACE BY SEPT 30.SIGNING OF PUT & CALL OPTIONS ON OTHER 40% OF SHARES, TO BE EXERCISED BY APRIL 2027.EUROSICMA PRODUCES AND MARKETS AUTOMATIC MACHINES AND SYSTEMS FOR HORIZONTAL FLOWPACK AND FOLD PACKAGING FOR THE FOOD, COSMETIC AND PHARMACEUTICAL INDUSTRIES.  Full Article

IMA Industria Macchine Automatiche Q1 pre-tax profit up at EUR 16.9 mln
Monday, 15 May 2017 07:05am EDT 

May 15 (Reuters) - IMA INDUSTRIA MACCHINE AUTOMATICHE SPA ::Q1 REVENUE EUR 294.4 MILLION VERSUS EUR 244.2 MILLION YEAR AGO.Q1 PRE-TAX PROFIT EUR 16.9 MILLION VERSUS EUR 9.0 MILLION YEAR AGO.SEES 2017 REVENUE OF MORE THAN EUR 1.4 BILLION AND GROSS OPERATING MARGIN (EBITDA) OF APPROXIMATELY EUR 205 MILLION.  Full Article

IMA unit finalises acquisition of Mapster for EUR 2.4 mln
Friday, 21 Apr 2017 01:43am EDT 

April 21 (Reuters) - IMA Industria Macchine Automatiche SpA ::Said on Thursday its unit GIMA finalised the acquisition of an 80 pct stake in Mapster.Mapster designs, manufactures and markets automatic machines for the filling and packaging of capsules for the "single serve" coffee sector.IMA's overall outlay amounts to 2.4 million euros ($2.57 million) for the equity value.  Full Article

IMA FY net profit up at EUR 93.5 million
Tuesday, 14 Mar 2017 11:05am EDT 

IMA Industria Macchine Automatiche SpA : FY revenue 1.31 billion euros ($1.39 billion) versus 1.11 billion euros year ago . FY net profit 93.5 million euros versus 69.9 million euros year ago . Proposes dividend of 1.6 per share euros .Says sees 2017 revenues of more than 1.4 billion euros and EBITDA of about 205 million euros.  Full Article

IMA signs contract for purchase of 70 pct stake in MAI
Wednesday, 28 Dec 2016 04:21am EST 

IMA Industria Macchine Automatiche SpA : Signs contract for the purchase of a 70 pct stake in MAI SA . MAI is a company located in Argentina that manufactures and markets machines for the packaging of tea and herbs in filter bags .To be granted an option, exercisable in April 2021, to buy 100 pct of MAI.  Full Article

IMA H1 pre-tax profit jumps to EUR 59.6 mln
Friday, 12 Aug 2016 06:26am EDT 

IMA Industria Macchine Automatiche SpA : H1 revenue 572.2 million euros ($638.12 million) versus 481.2 million euros a year ago . H1 pre-tax profit 59.6 million euros versus 22.0 million euros a year ago . Sees FY 2016 revenue of 1.27 billion euros . Sees FY 2016 EBITDA of 178 million euros ."The high level of the consolidated order book at 30 June and the good trend in orders at the end of July allow us to foresee continued growth in 2016 compared with the previous year, with good prospects for 2017 as well" - Chairman and CEO Alberto Vacchi.  Full Article