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Biesse SpA (BSS.MI)

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Latest Key Developments (Source: Significant Developments)

Biesse FY Net Profit Up At EUR 42.8 Mln
Monday, 12 Mar 2018 08:00am EDT 

March 12 (Reuters) - BIESSE SPA ::FY NET PROFIT EUR 42.8 MILLION VERSUS EUR 29.5 MILLION YEAR AGO.FY REVENUE EUR 690.1 MILLION VERSUS EUR 618.5 MILLION YEAR AGO.SAYS PROPOSES DIVIDEND OF EUR 0.48 PER SHARE.PROPOSES TO PERMIT THE INTRODUCTION OF LOYALTY SHARES.  Full Article

Biesse Approves 2018-2020 Business Plan, Sees Revenue Of EUR 906 Mln In 2020
Wednesday, 28 Feb 2018 08:43am EST 

Feb 28 (Reuters) - Biesse Spa ::SAYS APPROVED UPDATED VERSION OF GROUP BUSINESS PLAN COVERING THREE YEARS 2018-2020.SAYS SEES THREE-YEAR ORGANIC CAGR IN NET CONSOLIDATED REVENUES OF 9.5% (ESTIMATED REVENUES OF EURO 906 MILLION IN 2020).SAYS SEES THREE-YEAR CAGR OF 10.8% IN VALUE ADDED (EXPECTED TO REACH A RECORD 43.4% OF REVENUES IN 2020).SAYS SEES THREE-YEAR CAGR OF 12.7% IN EBITDA (14% MARGIN EXPECTED IN 2020).2017 CONSOLIDATED REVENUES ARE ESTIMATED TO HAVE RISEN 11.6% YEAR-ON-YEAR TO EURO 690 MLN.  Full Article

Biesse Signs Patent Box Agreement with Italian Tax Office for Mechatronics Unit
Wednesday, 6 Dec 2017 05:06am EST 

Dec 6 (Reuters) - BIESSE SPA ::SIGNS AGREEMENT WITH ITALIAN REVENUE AGENCY TO ACCESS PATENT BOX TAX RELIEF FOR HSD.ESTIMATED TAX BENEFIT FOR THE THREE-YEAR PERIOD 2015-2017 IS APPROX. EUR 4 MILLION.TAX BENEFIT TO BE REGISTERED IN 2017 FINANCIAL STATEMENT WITH IMPACT FOR ABOUT 4-5% OF GROUP TAX RATE.  Full Article

Biesse Q3 net profit up at EUR ‍​10.8 mln
Friday, 10 Nov 2017 08:07am EST 

Nov 10 (Reuters) - BIESSE SPA ::Q3 REVENUE EUR ‍​167.1 MILLION VERSUS EUR 152.7 MILLION YEAR AGO.Q3 NET PROFIT EUR ‍​10.8 MILLION VERSUS EUR 9.1 MILLION YEAR AGO.EXPECTS FY 2017 REVENUE OF EUR 685-690 MILLION ‍​.EXPECTS FY 2017 EBITDA OF EUR 89-92 MILLION ‍​.  Full Article

Biesse H1 net profit up at EUR 17.5 mln
Friday, 4 Aug 2017 07:44am EDT 

Aug 4 (Reuters) - BIESSE SPA ::H1 NET PROFIT EUR 17.5 MILLION VERSUS EUR 11.9 MILLION YEAR AGO.H1 REVENUE EUR 331.2 MILLION VERSUS EUR 283.4 MILLION YEAR AGO.  Full Article

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