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OVS SpA (OVS.MI)

OVS.MI on Milan Stock Exchange

5.66EUR
14 Dec 2017
Change (% chg)

€-0.13 (-2.25%)
Prev Close
€5.78
Open
€5.75
Day's High
€5.79
Day's Low
€5.61
Volume
972,683
Avg. Vol
672,973
52-wk High
€6.92
52-wk Low
€4.71

Latest Key Developments (Source: Significant Developments)

OVS 9-mth EBITDA up 9.6 pct to 138 mln euros
Monday, 11 Dec 2017 12:01pm EST 

Dec 11 (Reuters) - Ovs says::9-MONTH REPORTED SALES 1.12 BILLION EUROS; SALES EXCLUDING CHARLES VOEGELE DEAL AT 1.03 BILLION EUROS.9-MONTH EBITDA UP 9.6 PERCENT TO 138 MILLION EUROS.  Full Article

Italy's Gruppo Coin nets 183 mln euros selling 12.3 pct of OVS
Wednesday, 27 Sep 2017 02:47am EDT 

Sept 27 (Reuters) - Italy's Gruppo Coin says::Placed 12.3 percent of retailer OVS through an accelerated bookbuilding at 6.53 euros per share.Reaped 183 million euros from OVS placement.Stake falls to 17.8 percent from 30.17 percent .Has agreed not to dispose of any further OVS shares for a period of 90 days after the settlement of the accelerated bookbuilding.Credit Suisse acted as sole bookrunner, Rothschild and Latham & Watkins acted, respectively, as financial and legal advisers .  Full Article

Books oversubscribed in OVS SpA placing - bookrunner
Tuesday, 26 Sep 2017 12:57pm EDT 

Sept 26 (Reuters) - Block Trade - Ovs Spa ::BOOKRUNNER SAYS BOOKS ARE OVERSUBSCRIBED IN OVS SPA PLACING.  Full Article

Italy's Coin to launch sale of 12.3 pct stake in OVS
Tuesday, 26 Sep 2017 11:42am EDT 

Sept 26 (Reuters) - Italian retailer Gruppo Coin says::to launch accelerated bookbuilding (ABB) on 12.3 percent of OVS shares.currently owns around 30.2 percent of OVS.agrees not to dispose of any further OVS shares for 90 days after settlement of ABB sale.  Full Article

BC Partners vehicle places 12.3 pct stake in OVS -bookrunner
Tuesday, 26 Sep 2017 10:21am EDT 

Sept 26 (Reuters) - OVS SPA : BOOKRUNNER::28M SHARES, OR ABOUT 12.3 PCT OF THE COMPANY'S ISSUED CAPITAL, BEING OFFERED VIA ACCELERATED BOOKBUILD‍​.PLACING BY GRUPPO COIN SPA (HOLDING VEHICLE OF BC PARTNERS).PLACING EXPECTED AT A PRICE OF EUR 6.53.BOOKS EXPECTED TO OPEN IMMEDIATELY.CREDIT SUISSE ACTING AS SOLE BOOKRUNNER.  Full Article

OVS H1 adjusted net profit up at EUR 38.4 million
Wednesday, 20 Sep 2017 11:52am EDT 

Sept 20 (Reuters) - OVS SPA ::H1 NET SALES EUR 697.1 MILLION VERSUS EUR 640.1 MILLION YEAR AGO.H1 ADJUSTED NET PROFIT EUR 38.4 MILLION VERSUS EUR 30.8 MILLION YEAR AGO.  Full Article

OVS Q1 net sales up at EUR 319.3 million
Thursday, 15 Jun 2017 12:18pm EDT 

June 15 (Reuters) - OVS SPA :Q1 NET SALES EUR 319.3 MILLION VERSUS EUR 299.9 MILLION YEAR AGO.Q1 EARNINGS BEFORE TAX EUR 13.8 MILLION VERSUS EUR 10.7 MILLION YEAR AGO.SAYS 2017 TARGETS ARE CONFIRMED.  Full Article

Shares in Italy's OVS rise 5 pct on report of Italmobiliare interest
Tuesday, 13 Jun 2017 03:09am EDT 

June 13 (Reuters) - OVS::Shares in the Italian high street retailer rise 5.3 percent in early trade after report of interest from holding group Italmobiliare..A spokesman for Italmobiliare declined to comment on the report in daily Il Messaggero, adding the holding company has many dossiers on the table..By 0706 OVS shares were trading up 4.6 percent at 6.31 euros, after earlier rising as high as 6.35 euros. .  Full Article

Gruppo Coin raises 166 mln euros via OVS stake placement, transfer to managers
Wednesday, 10 May 2017 01:14am EDT 

May 10 (Reuters) - Gruppo Coin says: :placed around 11 percent of OVS at 6.11 euros per share through an accelerated bookbuilding to international institutional investors to raise around 152.8 million euros.its ownership interest in OVS decreases to around 31.12 percent.executed transfer of 0.935 percent to OVS CEO and certain other top managers; gross proceeds from the transfer are around 13 million euros.aggregate gross proceeds from accelerated bookbuilding and transfer to managers amount to around 166 million euros .  Full Article

OVS targets 9-10 pct of market share in Italy in 3 years - slide
Thursday, 20 Apr 2017 06:34am EDT 

April 20 (Reuters) - OVS SpA ::Plans for the next three years to reach around 9-10 pct of market share in Italy, starting from 7.4 pct at the end of 2016.Sees 2017 gross margin to remain stable.Expects 2017-2019 net sales and EBITDA to grow.Reports positive top line performance in the first months of 2017 thanks to more favorable weather conditions vs 2016 and new commercial initiatives.  Full Article

BRIEF-Books oversubscribed in OVS SpA placing - bookrunner

* BOOKRUNNER SAYS BOOKS ARE OVERSUBSCRIBED IN OVS SPA PLACING Source text for Eikon: Further company coverage: (Bengaluru Newsroom)