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Snai SpA (SNAI.MI)

SNAI.MI on Milan Stock Exchange

1.38EUR
25 Apr 2017
Change (% chg)

€0.06 (+4.47%)
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€1.32
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€1.32
Volume
308,387
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340,735
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€1.48
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Latest Key Developments (Source: Significant Developments)

Snaitech FY net loss shrinks to EUR 17.0 mln
Tuesday, 11 Apr 2017 06:51am EDT 

Snaitech SpA : FY revenue 898.5 million euros ($953.58 million) versus 631.8 million euros a year ago . FY net loss 17.0 million euros versus loss 54.2 million euros a year ago . Snaitech wagers in the first quarter of 2017 totalled 2,679 million euros, slightly lower by 3 pct versus the wagers collected in the same period last year .Believes that the finalization of the activities related to integration between Snai and Cogemat, expected within 2017, should produce operational cost savings in the area of 20 million euros.  Full Article

Board approves proposal to change Snai name to SNAITECH
Wednesday, 8 Feb 2017 02:17am EST 

Snai SpA :Said on Tuesday that the board of directors approved the proposal to change the company's name to SNAITECH SpA.  Full Article

Snai: court rejects challenge related to appointment of board members
Monday, 16 Jan 2017 02:12am EST 

Snai SpA :Said on Friday that the court in Florence rejected the challenge by certain shareholders to suspend the shareholders' meeting resolution related to the appointment of the board members of June 9, 2016.  Full Article

Snai prices senior secured non-convertible notes
Thursday, 27 Oct 2016 02:16am EDT 

Snai SpA : Said on Wednesday that it priced the fixed rate senior secured notes in a principal amount of 320 million euros ($349.06 million), a coupon of 6.375 percent per year and an issue price of 100.0 percent . Priced the floating rate senior secured notes in a principal amount of 250 million euros, a coupon of three-month EURIBOR (with a 0 percent floor) plus 6.0 percent per year (reset quarterly) and an issue price of 99.0 percent .The notes will mature on Nov. 7, 2021.  Full Article

Snai H1 net result swings to loss of EUR 0.4 mln, H1 revenue up 56.4 pct YoY
Friday, 5 Aug 2016 09:38am EDT 

Snai SpA : H1 net loss 0.4 million euros ($442,000.00) versus profit 0.3 million euros a year ago . H1 revenue 442.4 million euros versus 282.8 million euros a year ago .Increase in H1 revenue can be mainly attributed to the Cogemat Group integration effects, the reopening of Finscom and SIS PoS, the bookmaking of events related to the European Football Championship and the positive performance of Sports Betting and Online Games business.  Full Article

Snai approves incorporation of units Cogemat, Cogetech, Cogetech Gaming e Azzurro Gaming
Thursday, 9 Jun 2016 10:16am EDT 

Snai SpA : Approves merger by incorporation of directly and indirectly owned units Cogemat SpA, Cogetech SpA, Cogetech Gaming SpA e Azzurro Gaming SpA .The extraordinary shareholders' meeting of each incorporated company has also approved the transaction.  Full Article

Snai executive chairman Gabriele Del Torchio resigned
Tuesday, 7 Jun 2016 02:20am EDT 

Snai SpA : Said on Monday that executive chairman Gabriele Del Torchio resigned .The resignation effective from June 13.  Full Article

Snai Q1 net profit falls to EUR 1.6 mln, Q1 revenue up 41 pct
Friday, 13 May 2016 08:39am EDT 

Snai SpA : Q1 revenue 220.2 million euros ($249.09 million) versus 156.1 million euros a year ago .Q1 net profit 1.6 million euros versus 11.4 million euros a year ago.  Full Article

Snai SpA appoints Chiaffredo Rinaudo CFO
Friday, 22 Jan 2016 06:04am EST 

Snai SpA:Chiaffredo Rinaudo is the new CFO of the Snai Group​.  Full Article

Snai SpA board appoints Fabio Schiavolin CEO
Monday, 23 Nov 2015 01:32pm EST 

Snai SpA:Board appoints Fabio Schiavolin CEO.  Full Article

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BRIEF-Snaitech FY net loss shrinks to EUR 17.0 mln

* FY revenue 898.5 million euros ($953.58 million) versus 631.8 million euros a year ago