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Il Sole 24 Ore SpA (S24.MI)

S24.MI on Milan Stock Exchange

0.57EUR
11:35am EDT
Change (% chg)

€0.02 (+3.54%)
Prev Close
€0.55
Open
€0.57
Day's High
€0.60
Day's Low
€0.55
Volume
4,193,251
Avg. Vol
1,200,258
52-wk High
€0.75
52-wk Low
€0.26

Latest Key Developments (Source: Significant Developments)

Il Sole 24 Ore is looking for strategic partner to develop its education and events area
Monday, 24 Apr 2017 03:44am EDT 

April 24 (Reuters) - Il Sole 24 Ore SpA ::Said on Saturday that it started a competitive bidding procedure to find a strategic partner in order to develop and enhance its education and events area.The process envisages the sale to a third party of minority stake in the business unit related to those activities.  Full Article

Italy's Sole 24 Ore 2016 net loss 91.9 mln euro, cash call up to 70 mln euros
Wednesday, 5 Apr 2017 02:37pm EDT 

Italy's top financial daily Il Sole 24 Ore says: 2016 net loss 91.9 million euros . to propose capital increase of up to 70 million euros .reasonable expectations the group can continue operations and can successfully complete capital increase.  Full Article

Sole 24 Ore says to cut personnel costs by 30 pct
Tuesday, 4 Apr 2017 01:24pm EDT 

Il Sole 24 Ore Spa : says restructuring plan sees 30 percent cut in personnel costs by end of Q2 2019 at the latest .says such cost cuts are binding and non-negotiable.  Full Article

Confindustria does not rule out cutting its Sole 24 Ore stake
Tuesday, 28 Mar 2017 05:15am EDT 

Il Sole 24 Ore: Confindustria chairman Vincenzo Boccia says the business association does not rule out reducing its majority stake in newspaper Il Sole 24 Ore. Further company coverage: [S24.MI] (Reporting by Milan newsroom).  Full Article

Il Sole 24 Ore FY prelim. EBIT loss widens to EUR 69 mln
Monday, 20 Mar 2017 03:12am EDT 

Il Sole 24 Ore SpA : FY preliminary revenue 284 million euros ($305.78 million) versus 325 million euros a year ago .FY preliminary EBIT loss 69 million euros versus EBIT loss 14 million euros a year ago.  Full Article

Italy's Il Sole 24 Ore says to work with authorities in probe
Friday, 10 Mar 2017 09:12am EST 

Italian newspaper publisher Il Sole 24 Ore says: New management committed to relaunching the company . Confirms intention to cooperate with authorities to establish what happened . It will act with determination to protect the company's interests . The editor of Italy's biggest-selling financial daily Il Sole 24 Ore S24.MI and two former top managers are being investigated by Milan prosecutors for allegedly issuing false corporate statements, a judicial source said on Friday. [nL5N1GN25Z] Further company coverage: [S24.MI] (Reporting by Milan newsroom).  Full Article

Il Sole 24 Ore sees FY 2018 revenue at EUR 275 million
Tuesday, 21 Feb 2017 03:07am EST 

Il Sole 24 Ore SpA : Said on Monday it approved the business plan 2017-2020 . Expects FY 2018 revenue at 275 million euros ($290.81 million) and EBITDA at 19 million euros .Expects FY 2020 revenue at 295 million euros and EBITDA at 45 million euros.  Full Article

Il Sole 24 Ore sees Q4 to end with a loss lower that in Q3
Thursday, 1 Dec 2016 04:41am EST 

Il Sole 24 Ore SpA : Said on Wednesday that the latest full-year forecasts suggest that the last quarter of the year may end with a loss, although lower than the prior quarter .Says the group's consolidated operating results at Oct. 31 show no significant deviation from those at Sept. 30.  Full Article

Il Sole 24 Ore appoints Franco Moscetti as new CEO
Tuesday, 15 Nov 2016 12:15pm EST 

Il Sole 24 Ore Spa :Says it appointed Franco Moscetti as new CEO of the company.  Full Article

Il Sole 24 Ore appoints Carlo Robiglio interim chairman
Monday, 3 Oct 2016 07:53am EDT 

Il Sole 24 Ore SpA : Said on Sunday it appointed Carlo Robiglio chairman of the board .Carlo Robiglio accepted his role as chairman ad interim.  Full Article

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