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IMA Industria Macchine Automatiche SpA (IMAI.MI)

IMAI.MI on Milan Stock Exchange

63.55EUR
23 Aug 2019
Change (% chg)

€-1.05 (-1.63%)
Prev Close
€64.60
Open
€64.60
Day's High
€64.85
Day's Low
€63.55
Volume
64,325
Avg. Vol
70,152
52-wk High
€80.00
52-wk Low
€50.10

Latest Key Developments (Source: Significant Developments)

IMA H1 Net Profit Down At EUR 32.4 Mln
Wednesday, 7 Aug 2019 10:31am EDT 

Aug 7 (Reuters) - IMA Industria Macchine Automatiche SpA ::H1 REVENUE EUR 694.1 MILLION VERSUS EUR 670.7 MILLION YEAR AGO.H1 NET PROFIT EUR 32.4 MILLION VERSUS EUR 53.1 MILLION YEAR AGO.OUTLOOK 2019: CONFIRMS FORECASTS OF FURTHER YEAR OF GROWTH DESPITE CONTRACTION OF TOBACCO BUSINESS.OUTLOOK 2019: CONTRACTION OF TOBACCO BUSINESS WILL BE COMPENSATED BY PHARMACEUTICAL AND TEA, FOOD&OTHER BUSINESSES.OUTLOOK 2019: IF CURRENT CONDITIONS ARE CONFIRMED IN COMING MONTHS, ESTIMATES REVENUE EXCEEDING 1.6 BILLION EUROS.OUTLOOK 2019: SEES GROSS OPERATING PROFIT (EBITDA) OF MORE THAN 290 MILLION EUROS INCLUDING THE EFFECTS OF IFRS 16.OUTLOOK 2019: SEES "SIGNIFICANT" INCREASE IN NET PROFIT COMPARED WITH 2018.ACQUIRES 60% OF PERFECT PACK S.R.L., BASED IN RIMINI, WITH INVESTMENT OF EUR 12.5 MILLION OF EQUITY VALUE.ROBERTO TALACCI GRANTED PUT OPTION TO SELL OTHER 40% OF PERFECT PACK S.R.L., WHICH CAN BE EXERCISED IN APRIL 2024 AND APRIL 2029.  Full Article

IMA And GIMA TT Boards Approve Incorporation Of GIMA TT Into IMA
Tuesday, 11 Jun 2019 01:56pm EDT 

June 12 (Reuters) - IMA And GIMA TT ::SAID ON TUESDAY IMA AND GIMA TT BOARDS OF DIRECTORS APPROVED THE MERGER PLAN FOR INCORPORATION OF GIMA TT INTO IMA .EXCHANGE RATIO SET AT 11.4 NEW IMA SHARES FOR 100 GIMA TT SHARES .THE EXCHANGE RATIO INVOLVES A PREMIUM OF 8.5% OVER THE CLOSING PRICE OF GIMA TT ON 11 JUNE 2019.THE MERGER IS EXPECTED TO BE COMPLETED BY THE END OF THE CURRENT YEAR.  Full Article

IMA To Buy 63% of ATOP From Charme Capital Partners
Tuesday, 21 May 2019 02:00am EDT 

May 21 (Reuters) - IMA Industria Macchine Automatiche SpA ::SIGNS DEAL FOR ACQUISITION FROM CHARME CAPITAL PARTNERS SGR OF THE MAJORITY OF ATOP.TO REACH TOTAL STAKE OF C. 84% IN ATOP VIA ACQUISITION OF 63% OF ATOP FROM CHARME CAPITAL PARTNERS.ATOP TRANSACTION ENVISIONS ENTERPRISE VALUE OF C. EUR 380 MILLION.EUR 230 MILLION TO BE PAID AT CLOSING IN JULY 2019, WITH FINANCIAL INCOME IN CURRENT YEAR DUE TO FAIR VALUE MEASUREMENT OF EXISTING INTEREST IN ATOP OF C. EUR 50 MILLION.ATOP TRANSACTION INCLUDES ALSO SIGNING OF PUT & CALL OPTION CONTRACTS BE EXERCISED AFTER APPROVAL OF 2021 FINANCIAL STATEMENTS.THE FOUNDERS AND THE CHAIRMAN AMEDEO FELISA WILL REINVEST C. 6% IN ATOP.  Full Article

IMA FY Net Profit Up At EUR 104.0 Mln
Friday, 15 Mar 2019 12:43pm EDT 

March 15 (Reuters) - IMA Industria Macchine Automatiche SpA ::FY NET PROFIT EUR 104.0 MILLION VERSUS EUR 85.6 MILLION YEAR AGO.RECOMMENDS DIVIDEND OF EUR 2.0 PER SHARE.SEES 2019 REVENUE OF ABOUT EUR 1.58 BILLION.SEES 2019 EBITDA OF ABOUT EUR 260 MILLION.SEES SIGNIFICANT INCREASE IN NET PROFIT IN 2019.SEES 2019 REVENUE OF ABOUT 1.58 BILLION EUROS, EBITDA AT ABOUT EUR 260 MILLION.  Full Article

IMA Signs Agreement To Buy 70% Stake In Spreafico Automation And 61.45% Stake In Tecmar
Wednesday, 27 Feb 2019 01:32am EST 

Feb 27 (Reuters) - IMA Industria Macchine Automatiche SpA ::SIGNS AGREEMENT FOR ACQUISITION OF A 70% STAKE IN SPREAFICO AUTOMATION AND 61.45% STAKE IN TECMAR S.A..SAYS SPREAFICO AUTOMATION OPERATION ENVISAGES A FINANCIAL OUTLAY AT CLOSING (SCHEDULED FOR APRIL 2019) OF 9.6 MILLION EUROS FOR ENTERPRISE VALUE.SAYS TECMAR OPERATION ENVISAGES FINANCIAL OUTLAY AT CLOSING OF 1.3 MILLION EUROS FOR ENTERPRISE VALUE.HAS ALSO BEEN GRANTED PURCHASE OPTION, EXERCISABLE IN APRIL 2028, FOR THE OTHER 30% OF SPREAFICO AUTOMATION.HAS ALSO BEEN GRANTED PURCHASE OPTION, WHILE MINORITIES HAVE BEEN GRANTED SALE OPTION, EXERCISABLE IN APRIL 2024, FOR OTHER 38.55% OF TECMAR.  Full Article

IMA Closes Sale Of 60 Pct In IMA Dairy & Food Holding To TB Tauris Italia
Thursday, 20 Dec 2018 10:11am EST 

Dec 20 (Reuters) - IMA Industria Macchine Automatiche SpA ::SAID COMPLETED THE SALE OF 60 PCT IN IMA DAIRY & FOOD HOLDING GMBH (IMA D&F) WITH TB TAURIS ITALIA S.R.L. AS ANNOUNCED ON NOV. 14 .VALUE OF THE TRANSACTION IS 18 MILLION EUROS, OF WHICH 13 MILLION EUROS WAS PAID AT THE CLOSING WITH THE REST TO BE PAID BY JUNE 2019.IMPRESA ITALIA, A PRIVATE DEBT FUND MANAGED BY RIELLO INVESTIMENTI PARTNERS SGR S.P.A., PROVIDED ACQUISITION FINANCING BY SUBSCRIBING A 7 MILLION EURO BOND ISSUED BY TB TAURIS ITALIA S.R.L.TB TAURIS ITALIA S.R.L. IS OWNED BY THOMAS BECKER, CEO OF IMA D&F.  Full Article

IMA To Announce 2018 Outlook With Results At Sept-End
Wednesday, 31 Oct 2018 12:50pm EDT 

Oct 31 (Reuters) - IMA Industria Macchine Automatiche SpA ::OUTLOOK FOR WHOLE OF 2018 WILL BE ANNOUNCED AFTER NEXT BOARD MEETING WITH RESULTS AT SEPT-END.SAYS 'SURE' 9-MONTH RESULTS, 2018 OUTLOOK WILL BE IN LINE WITH MGMT'S EXPECTATIONS AS ALREADY COMMUNICATED TO MARKET.  Full Article

IMA Finalizes Closing For Purchase Of 70% Of Ciemme Srl
Monday, 25 Jun 2018 06:15am EDT 

June 25 (Reuters) - IMA Industria Macchine Automatiche SpA ::FINALIZES WITH BRENNA FAMILY THE CLOSING FOR PURCHASE OF 70% OF CIEMME SRL FOR ABOUT EUR 14 MILLION.SIGNS PUT & CALL OPTION CONTRACTS ON THE REMAINING 30%.  Full Article

IMA To Buy 82.5 Pct Stake In Tissue Machinery Company
Monday, 23 Apr 2018 12:10pm EDT 

April 23 (Reuters) - IMA Industria Macchine Automatiche SpA ::AGREEMENT SIGNED FOR ACQUISITION OF A 82.5% STAKE IN TISSUE MACHINERY COMPANY.TRANSACTION ENTAILS AN OUTLAY OF 58.5 MILLION EUROS.CLOSING IS EXPECTED TO TAKE PLACE BY FIRST TEN DAYS OF MAY 2018.AGREEMENT ENVISAGES PUT & CALL OPTIONS ON OTHER 17.5% OF SHARES, TO BE EXERCISED BY APRIL 2023.  Full Article

IMA 9-mth pre-tax profit down at EUR 77.2‍​ mln
Tuesday, 14 Nov 2017 07:45am EST 

Nov 14 (Reuters) - IMA INDUSTRIA MACCHINE AUTOMATICHE SPA ::9-MONTH REVENUE EUR 953.6 ‍​MILLION VERSUS EUR 875.2 MILLION YEAR AGO.9-MONTH PRE-TAX PROFIT EUR 77.2‍​ MILLION VERSUS EUR 83.5 MILLION YEAR AGO.FORESEES CONTINUED GROWTH IN 2017 COMPARED WITH PREVIOUS YEAR.2016 BENEFITED FROM EXTRAORDINARY FINANCIAL INCOME; WITHOUT IT, PROFIT BEFORE TAX FOR 2017 WOULD BE MORE THAN 12 MILLION EUROS HIGHER THAN LAST YEAR‍​.  Full Article