Indel B S.p.A.

Equities

INDB

IT0005245508

Electrical Components & Equipment

Market Closed - Borsa Italiana Other stock markets 11:44:59 2024-04-30 am EDT			5-day change	1st Jan Change
22.6 ^EUR	+0.89%		+0.89%	-5.83%

Apr. 12	Indel B closes 2023 with declining numbers; there is dividend	AN
Apr. 12	Stock exchanges in green; CPI France and Germany close to 2 percent	AN

Indel B S p A : Presentazione risultati finanziari annuali 2023

April 12, 2024 at 08:20 am EDT

FINANCIAL RESULTS

12 APRIL 2024

WHAT WE DO

We sell systems and solutions

for mobile cooling and refrigeration to top quality customers granting people comfort, leisure and satisfaction.

AUTOMOTIVE

HOSPITALITY

LEISURE TIME

COOLING APPLIANCES

FY 2023 RESULTS HIGHLIGHTS

	FY 2023	FY 2022	2023 vs 2022
TOTAL REVENUES (€mln)	226.5	227.4	-0.4%
SALES OF PRODUCTS (€mln)	218.6	219.9	-0.6%
EBITDA ADJ (€mln)	28.3	30.6	-7.7%
Margin (%)	12.5%	13.5%

EBIT ADJ (€mln)	20.8	23.7	-12.5%
Margin (%)	9.2%	10.5%

NET PROFIT ADJ (€mln)	15.2	16.3	-7.0%
Margin (%)	6.7%	7.2%

NET FINANCIAL POSITION (€mln)

(7.5)

(28.5)

21.0

GROUP STRUCTURE

A. BERLONI	33%
M. BERLONI 33%
P. BERLONI	33%

Equity consolidation Method

AMP FIN S.R.L.	BUY-BACK	MARKET
68.33% (*)	3.78% (*)	27.89% (*)

Fully consolidation Method

100%	100%	100%
	INDEL B NORTH
	AMERICA
94%	70%	90%
INDEL B GERMANY	AUTOCLIMA	AUTOCLIMA
GMBH	RUSS	IBERICA

50%

100%

USA

40%

85%	100%	100%
AUTOCLIMA
POLSKA

(*) data updated to December 31st, 2023

FY 2023 SALES

(€ mln)

-0.6%

219.9		218.6
-0.5%	-0.1%	0.0%

FY 2023 SALES BY CHANNEL
		(€ mln)				% Changes 2023 - 2022
		-0.6%			+9%	-8%	-14%
219.9				218.6	116.4
33.3				28.7	106.8

				73.5		79.8
79.8					73.5

							33.3
				116.4			28.7
106.8

	9.6	-6.3	-4.6
			OEM	AM	Others
FY 2022	OEM	AM	Others	FY 2023
							6

FY 2023 SALES BY MARKET

		(€ mln)

		-0.6%
219.9

218.6
11.6	9.8
15.8	15.9
23.4	21.8
31.0	25.8

138.1	145.3

7.2	-5.2		-1.6		0.1		-1.8


FY 2022 Automotive Leisure		Comp. & SP		Hospitality		Cooling	FY 2023

Appl.

		% Changes 2023 - 2022
+5%	-17%	-7%	+1%	-15%
145.3
138.1
	31.0
	25.8	23.4	21.8
		15.8	15.9
				11.6	9.8

Automotive	Leisure	Comp. & SP	Hospitality	Cooling Appl.

FY 2023 SALES BY REGION

(€ mln)

-0.6%

219.9	218.6
5.0	5.7
41.1	37.8

61.2	56.3

112.6	118.8

	6.2	-4.9	-3.3	0.7


FY 2022	Europe (excl.	Italy	Americas	RoW	FY 2023

Italy)

	% Changes 2023 - 2022
+5%	-8%		-8%	+15%
118.8
112.6
	61.2
	56.3
		41.1	37.8

				5.0	5.7
Europe (Excl. Italy)	Italy	Americas	RoW

SALES - BREAKDOWN

FY 2022	FY 2023
By Channel	By Channel

15%

Others

13%	Others

OEM

49%

53%

36%

OEM

34%

SALES - BREAKDOWN

FY 2022	FY 2023
By Market	By Market

5%		Automotive	5%	Automotive
7%			7%
		Leisure		Leisure
11%			10%
		Components&SP		Components&SP
		Hospitality	12%	Hospitality
14%
63%
	Cooling Appl.	66%	Cooling Appl.

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Disclaimer

Indel B S.p.A. published this content on 12 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 April 2024 12:19:10 UTC.

Latest news about Indel B S.p.A.

Indel B closes 2023 with declining numbers; there is dividend	Apr. 12	AN
Stock exchanges in green; CPI France and Germany close to 2 percent	Apr. 12	AN
Futures await rising lists	Apr. 12	AN
Indel B S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2023	Apr. 11	CI
Mib falls to 33,700; ERG stays afloat	Apr. 11	AN
Indel B has purchased 500 of its own ordinary shares	Mar. 20	AN
Indel B goes ahead with buybacks in its buyback plan	Mar. 05	AN
Indel B has purchased 700 of its own ordinary shares	Feb. 28	AN
Indel B bought back own shares for EUR23,000	Feb. 20	AN
Indel B Spa has purchased its own shares for approximately EUR32,000	Feb. 13	AN
Indel B has purchased 912 of its own ordinary shares	Jan. 23	AN
Indel B has purchased 1,950 of its own ordinary shares	Jan. 15	AN
Indel B updates on its buyback program	Jan. 09	AN
Indel B has purchased 2,150 of its own ordinary shares	Dec. 22	AN
Indel B has purchased 1,100 of its own ordinary shares	Dec. 18	AN
Indel B continues with buyback plan; 500 shares purchased	Dec. 12	AN
Indel B continues with share buybacks	Dec. 05	AN
Indel B, agreement with Safemark for distribution of its minibars	Nov. 15	AN
Indel B in 9 months records slight decline in sales revenue	23-10-27	AN
Mib down slightly; Saipem on top	23-10-27	AN
Indices up; wait for U.S. data	23-10-27	AN
Mib up after ECB; accounts sink Campari and Saipem	23-10-26	AN
Indel B has purchased 800 of its own ordinary shares	23-10-10	AN
Indel B S.p.A. Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-28	CI
Indel B increases half-year profit; revenues also rise	23-09-27	AN

Chart Indel B S.p.A.

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Company Profile

Indel B SpA is an Italy-based company engaged in the electrical components and equipment industry. Indel B SpA operates through two business lines, such as the Horeca sector, which supplies international hotel chains, minibars and also accessories for hotel rooms, such electronic safes and locks, light-emitting diode (LED) TVs, hairdryers, LED lighting and wine cellars, as well as the Mobile Refrigeration market, that produces refrigerators for trucks, such as the European trucks and Pullman builders, such as Scania, Iveco, Daf, Renault, Volvo, Kenworth, Peterbilt, Irizar, Irisbus, Karosa. The Company focuses on the commercial exploitation of the invention of the semi-hermetic compressor for generating cold temperatures in small spaces.

Sector

Electrical Components & Equipment

Calendar

2024-09-25 - Q2 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

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Ratings for Indel B 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

22.4 EUR

Average target price

28.7 EUR

Spread / Average Target

+28.13%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

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Heating, Ventilation & Air Conditioning Systems