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Il Sole 24 Ore SpA (S24.MI)

S24.MI on Milan Stock Exchange

3.65EUR
23 Oct 2017
Change (% chg)

€-0.02 (-0.44%)
Prev Close
€3.67
Open
€3.73
Day's High
€3.73
Day's Low
€3.65
Volume
2,620
Avg. Vol
36,086
52-wk High
€7.48
52-wk Low
€2.64

Latest Key Developments (Source: Significant Developments)

Il Sole 24 Ore H1 net loss narrows to EUR 45.5 million
Tuesday, 5 Sep 2017 01:28am EDT 

Sept 5 (Reuters) - IL SOLE 24 ORE SPA ::REPORTED ON MONDAY H1 REVENUE 121.2 MILLION EUROS VERSUS RESTATED 138.5 MILLION EUROS A YEAR AGO.H1 NET LOSS 45.5 MILLION EUROS VERSUS LOSS 49.8 MILLION EUROS A YEAR AGO.  Full Article

Il Sole 24 Ore lowers 2017-2020 industrial plan
Thursday, 10 Aug 2017 04:22am EDT 

Aug 10 (Reuters) - IL SOLE 24 ORE SPA : :UPDATED ON WEDNESDAY ITS 2017-2020 INDUSTRIAL PLAN.TARGETS 2018 REVENUE OF EUR 258 MLN AT FULL CONSOLIDATION PERIMETER, EUR 232 MLN AFTER SALE OF STAKE IN TRAINING UNIT.TARGETS 2018 EBIT OF EUR 7 MLN AT FULL CONSOLIDATION PERIMETER.TARGETS 2018 EBIT LOSS OF EUR 1 MLN AFTER SALE OF STAKE IN TRAINING UNIT.TARGETS 2020 REVENUE OF EUR 282 MLN AT FULL CONSOLIDATION PERIMETER, EUR 247 MLN AFTER SALE OF STAKE IN TRAINING UNIT.TARGETS 2020 EBIT OF EUR 33 MLN AT FULL CONSOLIDATION PERIMETER, EUR 23 MLN AFTER SALE OF STAKE IN TRAINING UNIT.  Full Article

Il Sole 24 Ore signs agreement to sell 49 pct of training unit
Wednesday, 9 Aug 2017 02:24am EDT 

Aug 9 (Reuters) - IL SOLE 24 ORE SPA ::HAS SIGNED AGREEMENT WITH PALAMON CAPITAL PARTNERS LP TO SELL 49 PERCENT STAKE IN BUSINESS SCHOOL24.BUSINESS SCHOOL24 IS A NEWLY SET UP COMPANY IN WHICH IT WILL TRANSFER ITS TRAINING UNIT.CONSIDERATION FOR THE SALE IS EUR 39.2 MILLION.  Full Article

Il Sole 24 Ore: former editor Roberto Napoletano leaves newspaper
Thursday, 3 Aug 2017 12:19pm EDT 

Aug 3 (Reuters) - IL SOLE 24 ORE SPA ::IT REACHED AN AGREEMENT FOR THE TERMINATION OF EMPLOYEMENT BY MUTUAL AGREEMENT OF FORMER EDITOR ROBERTO NAPOLETANO.  Full Article

Il Sole 24 Ore to make 236 employees redundant by H1 2019
Monday, 10 Jul 2017 05:27am EDT 

July 10 (Reuters) - IL SOLE 24 ORE SPA ::SAID ON FRIDAY THAT IT SIGNED THE NATIONAL AGREEMENT FOR THE CRISIS REORGANIZATION FOR GRAPHIC DESIGNERS AND PRINTING WORKERS.2017-2020 INDUSTRIAL PLAN ENVISAGES A REDUCTION OF LABOUR COST OF 30 PCT BY H1 2019.NEW PRODUCTION MODEL ENVISAGES A REDUNDANCY OF 236 UNITS OVER 812 TOTAL EMPLOYEES.THE COMPANY AND TRADE UNIONS HAVE REACHED AN AGREEMENT FOR THE IMPLEMENTATION OF A 24-MONTH SOCIAL SAFETY NET.SOCIAL SAFETY NET AFFECTS 215 GRAPHIC DESIGNERS AND PRINTING WORKERS OVER A TOTAL OF 729 UNITS .  Full Article

Il Sole 24 Ore lending banks extend standstill agreements until Nov. 15
Thursday, 22 Jun 2017 06:41am EDT 

June 22 (Reuters) - IL SOLE 24 ORE SPA ::LENDING BANKS EXTEND STANDSTILL AGREEMENTS ON DEBT UNTIL NOV 15.  Full Article

Il Sole 24 Ore accepts Palamon's offer for its training and events area
Tuesday, 20 Jun 2017 10:03am EDT 

June 20 (Reuters) - IL SOLE 24 ORE SPA ::SAID ON MONDAY THAT THE BOARD HAD APPROVED TO ACCEPT THE BINDING OFFER FROM PRIVATE EQUITY FUND PALAMON CAPITAL PARTNERS FOR ITS TRAINING AND EVENTS AREA.PALAMON'S OFFER IS BASED ON AN ENTERPRISE VALUE OF THE AREA OF EUR 80 MLN.EXPECTS TO SIGN THE FINAL CONTRACTS BY THE END OF JULY.  Full Article

Digital Magics signs partnership agreement with Backtowork24
Tuesday, 16 May 2017 09:31am EDT 

May 16 (Reuters) - DIGITAL MAGICS SPA ::SIGNS WITH BACKTOWORK24, A GRUPPO 24 ORE COMPANY, A PARTNERSHIP AGREEMENT FOR JOINT DEVELOPMENT OF DIGITAL STARTUPS AND "OPEN INNOVATION" PROGRAMS FOR ITALIAN COMPANIES.  Full Article

Il Sole 24 Ore board proposes capital increase of no less than EUR 50 million
Wednesday, 10 May 2017 08:55am EDT 

May 10 (Reuters) - IL SOLE 24 ORE SPA ::SAID ON TUESDAY ITS BOARD APPROVED TO SUBMIT TO THE LENDING BANKS AN ADDITION TO THE DOCUMENT OF THE FINANCIAL PLAN IN ORDER TO REFLECT THE EXPECTED EFFECTS OF THE VALORIZATION OPERATION OF THE TRAINING AND EVENTS AREA.THE FINANCIAL PLAN ENVISAGES A CAPITAL INCREASE OF NO LESS THAN 50 MILLION EUROS.CONFIDUSTRIA CONFIRMS TO BE AVAILABLE TO SUBSCRIBE TO THE CAPITAL INCREASE FOR UP TO 30 MILLION EUROS UNDER THE CONDITION TO KEEP THE CONTROL OF THE COMPANY .FOR THE RESIDUAL AMOUNT OF 20 MILLION EUROS, THE COMPANY PLANS TO ORGANIZE A GUARANTEE CONSORTIUM.THE FINANCIAL PLAN ENVISAGES AN AGREEMENT WITH THE LENDING BANKS WHICH IS EXPECTED TO BE SIGNED BY THE END OF JUNE.  Full Article

Il Sole 24 Ore Q1 net loss widens to EUR 28.2 million
Wednesday, 10 May 2017 02:18am EDT 

May 10 (Reuters) - IL SOLE 24 ORE SPA ::REPORTED ON TUESDAY Q1 REVENUE 68.6 MILLION EUROS VERSUS 77.4 MILLION EUROS A YEAR AGO.Q1 NET LOSS 28.2 MILLION VERSUS LOSS 11.6 MILLION EUROS A YEAR AGO.  Full Article

Italy - Factors to watch on Oct. 23

The following factors could affect Italian markets on Monday.