BE SHAPING THE FUTURE Shaping the future
INVESTORS INFORMATION | 13 July 2021 // Milan |
Be new openings in Luxembourg and Czech Republic following a multi-year assignment worth 8 ml/€ with an important German Financial Institution
Be Shaping The Future (Be) has been awarded a new multi-year assignment by a major German Financial Institution with a "systemic" role in the financial services market in Germany and Europe.
Under the agreement, Be will provide organizational and IT consulting services for a total minimum value of €8 million over three years. The scope of the project is to provide hands-onmanagement of some operational systems of the Client with higher criticality, and to support it in a rapid transition to state-of-the-artIT processes and technologies.
The agreement requires services to be provided in Luxembourg and in the Czech Republic. This allows Be Group an opportunity to expand its activities - through the creation of two new subsidiaries - into two high-potentialmarkets, leveraging on the contract won as a starting point.
STOCK DATA | GROUP DATA (as of 31.12.2020) | HEADQUARTER | MAIN OFFICES | ||
Reuters code: | BEST.MI | Total Revenues (Eur mln): | 178.8 | Rome | Milan |
Bloomberg code: | BEST.MI | EBITDA (Euro mln): | 28.4 | London | |
EBIT (Euro mln): | 14.6 | Munich | |||
SHAREHOLDERS DATA | EBT (Euro mln): | 13.3 | Frankfurt | ||
No. of ordinary shares (mln): | 134.9 | Net Profit (Eur mln): | 7.9 | Madrid | |
Total no. of shares (mln): | 134.9 | Net Financial Position (Eur mln): | (3.29) | Wien | |
Market cap. (Eur mln): | 250.4 | Varsaw | |||
Floating (%): | 45.7 | Bucharest | |||
Floating (Eur mln): | 114.4 | Kyiv | |||
Main Shareholder: | T.I.P. | Zurich |
Be S.p.A.
Investor Relations | Claudio Cornini | +39 06 54 24 86 24 | IR.be@be-tse.it
be-tse.it | follow us on
INVESTORS INFORMATION
Luxembourg, is today the largest asset management center in the Eurozone as well as an important location in the insurance and reinsurance sector, where most of the large international financial groups are present, including many of the Be Group's clients. The Czech Republic is one of the most interesting markets in Central-Eastern Europe, also covered by institutions - that are already clients of Be Group
- with a high potential for the development of nearshoring services for markets such as Austria and Germany.
This press release is available on the Company's website www.be-tse.it and on the centralized storage mechanism "eMarket STORAGE" at www.emarketstorage.com.
About Be
Be Group, listed on the STAR segment of Borsa Italiana, is one of the leading Italian players in the Consulting sector. The Company provides Business Consulting, Information Technology and Digital Engagement services. A combination of specialist skills, advanced proprietary technologies and a wealth of experience enable the Group to work with leading financial, insurance and industrial clients to create value and boost business growth. With over 1,400 employees and operations in Italy, United Kingdom, Germany, Austria, Switzerland, Spain, Romania, Poland and Ukraine, in 2020 the Group revenues stood at Euro 178.8 million.
Be S.p.A.
Investor Relations | Claudio Cornini | +39 06 54 24 86 24 | IR.be@be-tse.it
be-tse.it | follow us on
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Be Shaping the Future S.p.A. published this content on 13 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 July 2021 06:50:04 UTC.
