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Sabaf SpA (SABF.MI)

SABF.MI on Milan Stock Exchange

20.62EUR
14 Dec 2017
Change (% chg)

€-0.94 (-4.36%)
Prev Close
€21.56
Open
€21.52
Day's High
€21.61
Day's Low
€20.62
Volume
21,721
Avg. Vol
26,486
52-wk High
€23.65
52-wk Low
€9.00

Latest Key Developments (Source: Significant Developments)

Giuseppe Saleri Sells 6.5 Pct Of Sabaf To Fintel
8:50am EST 

Dec 15 (Reuters) - SABAF SPA ON BEHALF OF GIUSEPPE SALERI SAPA AND FINTEL SRL::GIUSEPPE SALERI AND FINTEL SAY THEY HAVE SIGNED AGREEMENT FOR SALE BY GIUSEPPE SALERI OF 6.5 PCT OF TO FINTEL.GIUSEPPE SALERI AND FINTEL SAY THE PRICE FOR THE STAKE IN SABAF IS EUR 14.6 MILLION.GIUSEPPE SALERI AND FINTEL SAY GIUSEPPE SALERI WILL REMAIN RELATIVE MAJORITY SHAREHOLDER OF SABAF WITH STAKE OF ABOUT 23.99 PERCENT.  Full Article

Sabaf Q3 net profit up at EUR 2.8‍​ mln
Tuesday, 14 Nov 2017 06:18am EST 

Nov 14 (Reuters) - SABAF SPA ::Q3 REVENUE EUR ‍​35.5 MILLION VERSUS EUR 33.2 MILLION YEAR AGO.Q3 NET PROFIT EUR 2.8‍​ MILLION VERSUS EUR 2.4 MILLION YEAR AGO.RETURN TO DOUBLE-DIGIT GROWTH RATE IN REVENUES IS EXPECTED DURING Q4 OF 2017, OVER THE SAME PERIOD OF 2016‍​.CONFIRMS SALE EXPECTATION FOR FY 2017‍​.EXPECTS TO BE ABLE TO REACH A GROSS OPERATING MARGIN (EBITDA %) OF AROUND 21% (COMPARED TO 19.4% IN 2016)‍​.  Full Article

Sabaf H1 net profit up at EUR 7.5 mln
Thursday, 3 Aug 2017 07:05am EDT 

Aug 3 (Reuters) - SABAF SPA ::H1 NET PROFIT EUR 7.5 MILLION VERSUS EUR 3.9 MILLION YEAR AGO.H1 REVENUE EUR 77.2 MILLION VERSUS EUR 64.9 MILLION YEAR AGO.FOR THE FULL 2017 SALES ARE EXPECTED TO BE 150 MILLION EUROS AND PROFITABILITY IS EXPECTED TO IMPROVE COMPARED TO 2016.BOARD APPOINTS PIETRO IOTTI CEO AND GENERAL MANAGER, EFFECTIVE AS OF SEPT 12.  Full Article

Sabaf Q1 net profit up at EUR 3.1 million
Thursday, 11 May 2017 06:49am EDT 

May 11 (Reuters) - SABAF SPA :Q1 REVENUE EUR 37.1 MILLION VERSUS EUR 30.9 MILLION YEAR AGO.Q1 NET PROFIT EUR 3.1 MILLION VERSUS EUR 1.6 MILLION YEAR AGO.SEES TO REACH IN 2017 SALES OF ABOUT EUR 145 MILLION, COMPARED TO EUR 131 MILLION IN 2016, AND IMPROVEMENT OF OPERATING MARGINS IN COMPARISON TO 2016 (PREVIOUS FORECAST SHOWED SALES OF AROUND EUR 140 MILLION).  Full Article

Sabaf appoints CFO Gianluca Beschi CEO ad interim
Thursday, 27 Apr 2017 09:39am EDT 

April 27 (Reuters) - Sabaf SpA ::Shareholders approve the postponement of the appointment of a new director to replace the Chief Executive Officer Alberto Bartoli.Board of directors confers the powers previously assigned to Alberto Bartoli to the director Gianluca Beschi, Chief Financial Officer, until the appointment of a new director.  Full Article

Sabaf proposes dividend of EUR 0.48 per share
Monday, 20 Mar 2017 07:32am EDT 

Sabaf SpA :Proposes dividend of 0.48 euros per share.  Full Article

Sabaf Q3 net profit rises to EUR 2.4 mln
Tuesday, 8 Nov 2016 06:30am EST 

Sabaf SpA : Q3 sales revenue 33.2 million euros versus 32.1 million euros a year ago . Q3 net profit 2.4 million euros versus 2.3 million euros a year ago . Expects Q4 sales in line with Q4 2015 . Sees FY 2016 sales at about 132 million euros, down between 4 percent and 5 percent year on year . Foresees that for full year 2016 gross operating margin (EBITDA %) will total a value similar to 2015, when it amounted to 19 percent .Expects to be able to reach in FY 2017 sales of around 140 million euros and improved operating margins compared to 2016.  Full Article

Sabaf H1 net profit falls to EUR 3.9 mln
Thursday, 4 Aug 2016 07:00am EDT 

Sabaf SpA : H1 revenue 64.9 million euros ($72.27 million) versus 72.5 million euros a year ago . H1 net profit 3.9 million euros versus 5.5 million euros a year ago .For FY 2016, the group confirms the forecasts of a modest decline in sales and profitability.  Full Article

Sabaf to purchase 70 pct stake in ARC Srl for EUR 4.8 mln
Thursday, 9 Jun 2016 11:37am EDT 

Sabaf Spa : Signs agreement for purchase of a 70 percent stake in ARC Srl . Price for 70 percent stake in ARC Srl is 4.8 million euros ($5.44 million) . The transaction is expected to be completed by the end of June .ARC Srl is manufacturer of burners for professional cooking.  Full Article

Sabaf approves regulation for increased voting rights
Thursday, 9 Jun 2016 06:17am EDT 

Sabaf SpA :Approves regulation for increased voting rights.  Full Article

BRIEF-Sabaf H1 net profit up at EUR 7.5 mln

* H1 NET PROFIT EUR 7.5 MILLION VERSUS EUR 3.9 MILLION YEAR AGO