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MarketScreener Homepage  >  Equities  >  Italian Stock Exchange  >  Fiera Milano SpA    FM   IT0003365613

FIERA MILANO SPA

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Fiera Milano : and allestimenti Benfenati sign a business partnership to maximise synergies

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11/25/2019 | 10:18am EST
FIERA MILANO AND ALLESTIMENTI BENFENATI SIGN A BUSINESS PARTNERSHIP TO MAXIMISE SYNERGIES Milan, 25 November 2019.Fiera Milano signs a business partnership agreement with Allestimenti Benfenati, a company with many years of experience in the world of customised fittings and installations. The operation, in line with Fiera Milano's 2018-2022 Strategic Plan, is part of the Group's growth project aimed at increasing the business of services, in particular customised fittings and fittings outside the district. Fiera Milano, through its subsidiary Nolostand, is a leader in pre-fitted and unified fittings with a capacity of 10,000 square metres set up per day. Allestimenti Benfenati is a recognized player in the sector since the '50s; its achievements range from fitting to temporary architecture. Fiera Milano and Allestimenti Benfenati therefore have complementary characteristics. This will allow both parties to benefit from each other's cooperation and exchange of know-how, increasing their respective commercial expansion capacities in the trade fair sector, including events taking place outside the exhibition perimeter.

Fiera Milano Press Office

Gabriele De Giorgi Tel. 0249977428 gabriele.degiorgi@fieramilano.it

Mario Lisippo Tel. 0249976077 mario.lisippo@fieramilano.it

Disclaimer

Fiera Milano S.p.A. published this content on 25 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 November 2019 15:17:08 UTC

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Financials (EUR)
Sales 2019 279 M
EBIT 2019 46,2 M
Net income 2019 35,5 M
Debt 2019 419 M
Yield 2019 3,11%
P/E ratio 2019 12,4x
P/E ratio 2020 25,7x
EV / Sales2019 3,06x
EV / Sales2020 3,11x
Capitalization 434 M
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Technical analysis trends FIERA MILANO SPA
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 3
Average target price 5,92  €
Last Close Price 6,11  €
Spread / Highest target 9,66%
Spread / Average Target -3,16%
Spread / Lowest Target -14,9%
EPS Revisions
Managers
NameTitle
Fabrizio Curci CEO, Director & General Manager
Lorenzo Caprio Chairman
Marco Pacini Chief Financial Officer
Marina Natale Executive Director
Alberto Baldan Independent Non-Executive Director
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