ILPRA S.p.A.

Equities

ILP

IT0005359101

Industrial Machinery & Equipment

Real-time Borsa Italiana Other stock markets 09:55:33 2024-04-29 am EDT			5-day change	1st Jan Change
4.88 ^EUR	0.00%		+1.67%	-5.24%

Apr. 18	Ilpra, board of directors resolves to purchase the remainder of Ilpra System Espana	AN
Apr. 18	ILPRA S.p.A. agreed to acquire remining 76.67% stake in Ilpra Systems EspaIa Sl.	CI

Ilpra expands sales network in South Korea with new opening

January 08, 2024 at 10:14 am EST

(Alliance News) - Ilpra Spa announced Monday that it has opened a new sales branch in Daejeon, South Korea.

As the company explained, "the further strengthening of the presence in foreign markets is part of a policy to strengthen the group in geographical areas considered strategic and with high growth potential as well as a strengthening of the sales network aimed at increasing commercial activities and, consequently, market share."

The subsidiary will bring Ilpra closer to customers in the area, providing technical support in the most significant projects and enabling it to react quickly to specific market demands.

LLC Ilpra Korea is 60% owned by Ilpra, 15% by Liborio Livio Portera, Ilpra's managing director, 15% by Edoardo Costabile, an employee of the company, and 10% by Yunjae Lee.

Ilpra's stock is up 1.0 percent at EUR5.05 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

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Latest news about ILPRA S.p.A.

Ilpra, board of directors resolves to purchase the remainder of Ilpra System Espana	Apr. 18	AN
ILPRA S.p.A. agreed to acquire remining 76.67% stake in Ilpra Systems EspaIa Sl.	Apr. 17	CI
ILPRA S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 28	CI
Ilpra increases revenues by 27 percent in 2023; profit in line	Mar. 28	AN
Mib down; BPER places EUR500 million AT1	Jan. 10	AN
Mib down in 30,400 area; banks suffer	Jan. 09	AN
Listings in the red; Eurozone unemployment falls	Jan. 09	AN
Stock markets in the red; Cucinelli pushes after accounts	Jan. 09	AN
Futures bullish; Brent at USD76	Jan. 09	AN
Mib rises to 30,500 area; Amplifon pulls away from all	Jan. 08	AN
Ilpra expands sales network in South Korea with new opening	Jan. 08	AN
Rally expected after Fed and before ECB and BoE	Dec. 14	AN
Still caution ahead of central banks	Dec. 13	AN
Still caution ahead of central banks	Dec. 13	AN
Ilpra has opened a sales subsidiary in Saudi Arabia	Dec. 13	AN
Ilpra chairman takes over 4,800 shares	Nov. 07	AN
Bertocco's Holds has acquired more than 29,000 common shares of Ilpra	23-10-06	AN
ILPRA S.p.A. Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-21	CI
Ilpra takes over the remaining stake not held in Eltec by historical shareholders	23-07-19	AN
ILPRA S.p.A. acquired remaining 49% stake in Eltec S.R.L. from Elena Bossi and Luigi Bossi for approximately ?0.1 million.	23-07-18	CI
Ilpra's Zini divests 3,600 ordinary shares	23-06-28	AN
European stock exchanges up; Mib above 27,300, Saipem leads	23-06-27	AN
Stock markets bullish; oil remains stable	23-06-27	AN
Mib veers bullish at 27,200 points; STM bullish	23-06-26	AN
Mib continues bearish; selling on Juventus FC	23-06-15	AN

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Company Profile

ILPRA SpA is an Italy-based technology company. It provides technology solutions for the packaging industry. It operates in the food, non-food and medical/healthcare markets. Its product offering includes a wide range of customizable products divided into three lines: Filling/Dosing, Traysealing and Thermoforming machines. The different machines ensure sealing, vacuum, modified atmosphere and skin packaging. The machines can be automatic, semiautomatic, in line or rotary. The Companyâs machines can be integrated into an existing production line or they can operate as stand-alone machines. The Company operates globally.

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Industrial Machinery & Equipment

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Sell

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Mean consensus

BUY

Number of Analysts

Last Close Price

4.88 EUR

Average target price

8.637 EUR

Spread / Average Target

+76.98%

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Company calendar

Sector Industrial Machinery

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Industrial Machinery