Fervi S.p.A.

Equities

FVI

IT0005325912

Industrial Machinery & Equipment

Real-time Borsa Italiana Other stock markets 11:44:59 2024-04-26 am EDT			5-day change	1st Jan Change
17.5 ^EUR	0.00%		+0.57%	-1.69%

Apr. 24	Mib cautiously active; STM uptrend continues.	AN
Apr. 24	Fervi, revenues live down in first quarter; NFP improves	AN

Fervi, Guido Greco is the new chief executive officer

April 28, 2023 at 10:46 am EDT

(Alliance News) - Fervi Spa announced Friday that its board of directors has appointed Guido Greco as chief executive officer.

Greco will also serve as CEO of subsidiary Rivit Srl from January 2022.

The appointment, the company explained in a note, "is part of the broader program to strengthen the group's management structure: with the acquisition of Rivit, the group has doubled in size and occupied a more visible role in the MRO market landscape."

Hence the need to endow the company "with a more robust organizational model through the appointment of a managing smdirector to support the chairman in the pursuit of corporate objectives.

Fervi's stock is unchanged at EUR15.30 per share.

By Chiara Bruschi, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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Latest news about Fervi S.p.A.

Mib cautiously active; STM uptrend continues.	Apr. 24	AN
Fervi, revenues live down in first quarter; NFP improves	Apr. 24	AN
Mib rises; A2A on fifth bullish session in a row.	Apr. 23	AN
Stock markets in green; Italian deficit increases	Apr. 23	AN
Futures up; wait for Eurozone PMI	Apr. 23	AN
Mib bearish; DiaSorin closes ahead of all	Apr. 22	AN
ITALY GROWTH WINNERS & LOSERS: FUM bullish; Plants at new low	Apr. 22	AN
Fervi S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 23	CI
Fervi raises dividend after 2023 profit growth	Mar. 22	AN
Mib below 34,300; Cucinelli at tail end	Mar. 22	AN
Futures down; Japan inflation accelerates	Mar. 22	AN
Mib rises to 34,300; FinecoBank to third bullish	Mar. 21	AN
Stock indexes bullish; Leonardo continues on top	Mar. 14	AN
Fervi ends fourth quarter with unchanged revenues; NFP improves	Jan. 30	AN
Stock exchanges up except Frankfurt ahead of GDP data	Jan. 30	AN
Futures up before Italy and Eurozone macro	Jan. 30	AN
Milan in the red; Iveco resists declines	Jan. 29	AN
Mib positive but slowing down; luxury good	Dec. 28	AN
ITALY GROWTH WINNERS & LOSERS: ErreDue up; Caribbean Company down.	Dec. 27	AN
ITALY GROWTH WINNERS & LOSERS: Plants advances; ICC closes the list.	Dec. 20	AN
Fervi, revenues in line with 2022 at end of third quarter	23-10-26	AN
Fervi, revenues and profits remain almost unchanged in the first half of the year	23-09-28	AN
Fervi S.p.A. Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-28	CI
Fervi, half-year revenues remain stable; NFP improves	23-07-27	AN
Fervi, Marcello Petrucci no longer general manager	23-06-30	AN

Chart Fervi S.p.A.

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Company Profile

Fervi SpA is an Italy-based company, which serves as a commercial and industrial equipment supplier. The Company operates over 4000 stores and offers approximately 6000 Fervi brand references. Its product portfolio includes Machinery, which encompasses lifting and handling, machinery for finishing, presses and hydraulic pumps; Machinery accessories, which includes tools for turning and milling, tools posts and tools holders and machine vices; Abrasives, which includes abrasive belts, abrasive wheels, cutting wheels and wire brushes; Consumables, which includes drills and hole saws, taps and dies, sprays and greaser guns; Measure, which includes measuring tools, micrometers, scales, analogic and digital meters; Hardware, which includes cutting tools, pliers, hammers, files and chisels, and General tools, which includes generators, heaters, lightning and lenses, pneumatic and hydrocarbon accessories, among others.

Sector

Industrial Machinery & Equipment

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Ratings for Fervi S.p.A.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

17.5 EUR

Average target price

24.8 EUR

Spread / Average Target

+41.71%

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Annual profits - Rate of surprise

Company calendar

Sector Industrial Machinery & Equipment Wholesale

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