Company Racing Force S.p.A.

Equities

RFG

IT0005466963

Recreational Products

Real-time Borsa Italiana 11:44:59 2024-04-30 am EDT 5-day change 1st Jan Change
4 EUR +1.27% Intraday chart for Racing Force S.p.A. -3.61% -23.95%

Business Summary

Racing Force S.p.A. is specialized in designing, manufacturing and marketing safety equipment and accessories for the motorsports industry. The products are sold under the OMP, Bell, Zeronoise, B2 and Racing Spirit brands. Net sales are divided across the following product families:

- equipment for drivers (71.9%): suits, functional and performance clothing, gloves, shoes, helmets, professional underwear, balaclavas, elbow pads, knee pads, rib protectors, etc.;

- safety equipment for racing cars (21%): seats, harnesses, roll bars, racing nets, steering wheels, fire extinguishers, safety belts, pedals, communications devices, etc.;

- other (7.1%): non-technical sportswear (t-shirts, sweatshirts, mechanic's aprons), racing car accessories etc.

At the end of 2023, the Group had 8 manufacturing sites located in Italy (2), the United States (4), Bahrain and Belgium.

Net sales are distributed geographically as follows: Europe/Middle East/Africa (65.4%), America (23.5%) and Asia/Pacific (11.1%).

Number of employees: 553

Sales per Business

EUR in Million2021Weight2022Weight Delta
Driver's Equipment
73.1 %
33 70.9 % 43 73.1 % +30.08%
Car Parts
23.8 %
12 25.9 % 14 23.8 % +15.91%
Other
3.2 %
2 3.3 % 2 3.2 % +21.58%

Sales per region

EUR in Million2021Weight2022Weight Delta
EMEA
62.6 %
30 64.3 % 37 62.6 % +22.73%
Americas
27.2 %
11 23.8 % 16 27.2 % +44.32%
APAC
10.2 %
6 11.9 % 6 10.2 % +8.32%

Managers

Managers TitleAgeSince
Chief Executive Officer - 21-10-27
Chief Executive Officer 49 08-01-31
Director of Finance/CFO - 20-02-29
Chief Operating Officer 43 -
Chief Tech/Sci/R&D Officer - 21-03-31
Corporate Officer/Principal - -
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 49 08-01-31
Corporate Officer/Principal - -
Director/Board Member 64 21-10-27
Director/Board Member 54 21-10-27
Chief Executive Officer - 21-10-27
Director/Board Member 48 21-10-27
Director/Board Member 55 21-10-27
Chief Operating Officer 43 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 25,699,198 10,855,933 ( 42.24 %) 0 42.24 %

Shareholders

NameEquities%Valuation
13,529,395 52.65 % 64 M €
Mediolanum Gestione Fondi SGRpA
3.442 %
884,603 3.442 % 4 M €
Arca Fondi SGR SpA
1.941 %
498,816 1.941 % 2 M €
Norges Bank Investment Management
1.932 %
496,635 1.932 % 2 M €
Azimut Capital Management SGR SpA
1.730 %
444,550 1.730 % 2 M €
Lupus alpha Asset Management AG
1.511 %
388,297 1.511 % 2 M €
Fideuram Asset Management SGR SpA
1.131 %
290,552 1.131 % 1 M €
Kairos Partners SGR SpA
1.125 %
289,052 1.125 % 1 M €
Hedge Invest Sgr Pa (Private Equity)
0.9728 %
250,000 0.9728 % 1 M €
Helaba Invest Kapitalanlagegesellschaft mbH
0.9105 %
233,984 0.9105 % 1 M €

Company contact information

Racing Force SpA

Via Bazzano, 5

16019, Ronco Scrivia

+39 01 09 65 01

http://www.ompracing.it
address Racing Force S.p.A.(RFG)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
4 EUR
Average target price
6.1 EUR
Spread / Average Target
+52.50%
Consensus

Quarterly revenue - Rate of surprise

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