Sabaf S.p.A.

Equities

SAB

IT0001042610

Appliances, Tools & Housewares

Market Closed - Borsa Italiana Other stock markets 11:44:59 2024-04-26 am EDT			5-day change	1st Jan Change
17.45 ^EUR	-1.41%		+5.12%	+0.52%

Mar. 19	Transcript : Sabaf S.p.A., 2023 Earnings Call, Mar 19, 2024
Mar. 19	Sabaf, indicators down in 2023 but good performance in Q3	AN

Sabaf S p A : Presentazione finanziaria - Star Conference Marzo 2024

March 20, 2024 at 10:19 am EDT

www.sabafgroup.com

FINANCIAL PRESENTATION

STAR Conference 2024

Milan, 21 st March 2024	2

Table of contents

COMPANY PROFILE

STRATEGIC MOVES

FINANCIAL PERFORMANCE
IV. SUSTAINABILITY

COMPANY PROFILE

Sabaf Group: product range evolution in 4 Business Units

SINCE 1950

GAS

Standard Burners
Special Burners
Professional Burners
Oven and Grill Burners
Gas Valves
Gas Oven Thermostats
Microswitches & Accessories

SINCE 2000, further expansion since 2019

HINGES

Ovens
Dishwashers
Washing machines
Refrigerators
Special applications
Small compartments
Catering appliances

SINCE 2018

ELECTRONICS

Cooker Hoods
Ovens
Cookers and hobs
Vitroceramic hobs control cards
Refrigerators/freezers
Other products

SINCE 2022

INDUCTION

Components for induction cookers and hobs

Inductor

Power board

Cooling system

Touch control

User interface

Sabaf Group: evolution

SABAF BRAZIL

OKIDA

PGA

NEW

ACQUISITION

GREENFIELD

ACQUISITION

Gas components

Electronics

MANSFIELD

SABAF CHINA

ACQUISITION

THE LISTING

Hinges

GREENFIELD

Gas components

TECHNOLOGICAL

1950

2000

2012

2016

2019

2023

SABAF IN THE

SMART

DIVERSIFIED

1998

2001

2015

2018

2022

FUTURE

2023

INTERNATIONAL

THE

SABAF TURKEY

C.M.I.

SUSTAINABLE

FOUNDATION

GREENFIELD

ACQUISITION

SABAF MEXICO

Gas components

Hinges

GREENFIELD

Burners and Hinges

A.R.C.

FARINGOSI-HINGES

ACQUISITION

Professional burners

SABAF INDIA

Hinges

GREENFIELD

Gas components

Sabaf Group: leading producer of components for household appliances and company evolution in 4 Business Units

Widening product range

GAS			SALES by division


		Player n. 1 Worldwide
			3%	6%	7%	9%	11%		11%



				7%	15%	22%	22%	27%	29%
HINGES	90%	79%	71%	69%	62%	60%	~55%

			DIVERSIFICATION

ELECTRONICS


		2018	2019	2020	2021	2022	2023	2024E	2025E
	Strong growth



INDUCTION	Diversification of profitability

NEW 2022

Sabaf Group: industrial footprint

2021: 10 production plants
2023: 15 production plants

(6 in Italy and 9 abroad)

1,641 employees at 31st December 2023

SABAF S.P.A.

Valves and thermostats

Standard burners

Special burners

ARC S.R.L.

Professional burners

FARINGOSI-HINGESS.R.L.

Oven hinges

Dishwasher hinges

CMI ITALY (2 PLANTS)

Oven hinges

Dishwasher hinges

PGA

Electronics for household appliances

NEW

MANSFIELD

Oven hinges

Washing machines hinges

Refrigerators hinges

NEW

SABAF MEXICO

Burners and hinges

CMI POLAND

Dishwasher hinges

SABAF BRASIL

Standard burners

Special burners

SABAF TURKEY (2 PLANTS)

Burners, valves, hinges and Electronics

OKIDA ELEKTRONIK

Electronics for household appliances

SABAF APPLIANCE

COMPONENTS (KUNSHAN)

Wok burners

NEW

SABAF INDIA

Valves and burners

Why invest in Sabaf

Strategy for value creation

WIDENING PRODUCT RANGE

THROUGH INNOVATION

SHAREHOLDERS VALUE CREATION

4 Business units (with its own R&D)

4 Surface cooking technologies

▪	Gas
▪	Induction
▪	Radiant

STRATEGY

ORGANIC

Sales growth
Profitability growth
Risk diversification

▪ Hydrogen (pilot)

GROWTH

M&A

ECOLOGICAL

TRANSITION

GEOGRAPHICAL

DIVERSIFICATION

International industrial footprint

Sabaf Group

Main shareholders

% OF SHARE CAPITAL

18.45 %	Cinzia Saleri S.a.p.a.

18.18 %	Quaestio SGR
	Montinvest S.r.l.
9.14 %

7.08 %	Fintel S.r.l.

4.50 %	Paloma Rheem Investments


1.91%	Treasury Shares
	Market
40.74 %

% OF VOTING RIGHTS

24.88 %	Cinzia Saleri S.a.p.a.

24.52 % Quaestio SGR

9.29% Fintel

6.16 % Montinvest S.r.l.

5.48 % Paloma Rheem Investments

29.67 % Market

Pietro Iotti, Sabaf CEO, owns 2.0% of voting rights

Attachments

Original Link
Original Document
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Disclaimer

Sabaf S.p.A. published this content on 20 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 March 2024 14:18:04 UTC.

Latest news about Sabaf S.p.A.

Transcript : Sabaf S.p.A., 2023 Earnings Call, Mar 19, 2024	Mar. 19
Sabaf, indicators down in 2023 but good performance in Q3	Mar. 19	AN
Sabaf S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 19	CI
Cinzia Saleri sells 25,000 shares in Sabaf	Jan. 22	AN
Futures in the red; selling on U.S. and Asian	Jan. 17	AN
Mib above par; ECB cautious about rates	Jan. 16	AN
Sabaf nine months sees profit and revenue drop; Ebitda also down	Nov. 14	AN
Sabaf S.p.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 13	CI
Sabaf S.p.A.'s Equity Buyback announced on January 9, 2023, has expired.	23-10-26	CI
Europeans underwhelmed; Saipem tops the Mib	23-10-18	AN
Sabaf S.p.A.(BIT:SAB) dropped from S&P Global BMI Index	23-09-18	CI
Sabaf passes first-half loss; revenues down	23-09-05	AN
Sabaf passes first-half loss; revenues down	23-09-05	AN
Bags in red pre-PMI Eurozone; banks down on Mib	23-09-05	AN
Futures await falling lists	23-09-05	AN
Futures await listings	23-09-05	AN
Sabaf S.p.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-09-04	CI
Squares bearish; TIM and FinecoBank in Milan good	23-09-04	AN
Milan does best of all; banking leads the Mib	23-08-14	AN
Europeans mixed; down oil stocks on Mib.	23-08-14	AN
Europeans down; down Germany wholesale prices	23-08-14	AN
Mib down; DiaSorin closes list.	23-08-11	AN
Flat calm expected at start of session	23-07-21	AN
Mib still bullish; Tenaris is best performer	23-07-20	AN
Company of Pietro Iotti acquires 2,000 ordinary shares of Sabaf	23-07-20	AN

Chart Sabaf S.p.A.

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Company Profile

Sabaf SpA is an Italy-based manufacturer of components for domestic gas cooking appliances. The Company specializes in the design and manufacture of non-ferrous alloy components for household gas cooking appliances. The Company has two operating segments: gas components, and hinges. It offers a range of products, including multigas valves, for free-standing cookers, as well as for built-in hobs; one-way and two-way multigas thermostats, with or without safety devices; gas burners, and hinges. There is also a range of accessories for each product line. It sells its products to manufacturers of cookers, hobs and ovens. The Company has several wholly owned subsidiaries, such as Faringosi-Hinges Srl, Sabaf Immobiliare Srl, Sabaf do Brasil Ltda, Sabaf Mexico SA de CV, , among others.

Sector

Appliances, Tools & Housewares

Calendar

2024-05-07 - Annual General Meeting

More about the company

Income Statement Evolution

More financial data

Ratings for Sabaf S.p.A.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

17.45 EUR

Average target price

22.5 EUR

Spread / Average Target

+28.94%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Household Appliances

	1st Jan change	Capi.
SABAF S.P.A.	+0.52%	232M
GREE ELECTRIC APPLIANCES, INC. OF ZHUHAI	+22.79%	28.64B
BEIJING ROBOROCK TECHNOLOGY CO., LTD.	+35.11%	6.93B
HISENSE HOME APPLIANCES GROUP CO., LTD.	+81.37%	6.43B
WHIRLPOOL CORPORATION	-22.31%	5.17B
ECOVACS ROBOTICS CO., LTD.	+0.22%	3.3B
ARÇELIK ANONIM SIRKETI	+30.89%	3.14B
RINNAI CORPORATION	+2.91%	3.06B
SHANGHAI FLYCO ELECTRICAL APPLIANCE CO., LTD.	-0.02%	3.04B
COWAY CO., LTD.	-1.92%	2.96B

Household Appliances