Mittel
ISIN: IT0001447348 | Ticker: MIT | LEI: 8156005D6ADE56371580
Country: Italy
Mittel is a dynamic investment – merchant bank focused on investments in high cash generating Italian small medium enterprises (smes).
Mittel is a medium/long term investor with an industrial approach and a large range of corporate services to offer to enhance growth and value creation of target companies.
In the selection process of the investments a special focus is made on build up deals.
8 June 1885 - a group of Italian and foreign investors from the banking sector founded the “Società per le strade ferrate del Mediterraneo”, with share capital of 135 million Italian Lira, with the aim of undertaking the operation of the Mediterranean area railway network, and, on the government's request, the construction and operation of new railways.
1885
Served areaItaly
Headcount1,465
HeadquartersVia Borromei 5, 20123 Milano – Italy
| Line item in (eur) | 02.01.2020 | 01.01.2021 | 02.01.2021 | 01.01.2022 | 02.01.2022 | 01.01.2023 |
|---|---|---|---|---|---|---|
| Assets | N/A | N/A | N/A | 649,096,262.00 | N/A | 636,734,178.00 |
| Noncurrent Assets | N/A | N/A | N/A | 461,001,600.00 | N/A | 464,913,448.00 |
| Property Plant And Equipment | N/A | N/A | N/A | 291,750,568.00 | N/A | 302,091,338.00 |
| Intangible Assets Other Than Goodwill | N/A | N/A | N/A | 109,592,631.00 | N/A | 109,734,195.00 |
| Investment Accounted For Using Equity Method | N/A | N/A | N/A | 3,753,000.00 | N/A | 3,483,000.00 |
| Noncurrent Receivables | N/A | N/A | N/A | 1,081,002.00 | N/A | 1,291,738.00 |
| Current Tax Assets Noncurrent | N/A | N/A | N/A | 18,925,932.00 | N/A | 20,737,209.00 |
| Other Noncurrent Financial Assets | N/A | N/A | N/A | 11,965,928.00 | N/A | 11,739,916.00 |
| Noncurrent Financial Assets At Amortised Cost | N/A | 26,977,657.00 | N/A | 23,932,539.00 | N/A | 15,836,052.00 |
| Current Assets | N/A | N/A | N/A | 188,094,662.00 | N/A | 171,820,730.00 |
| Inventories | N/A | N/A | N/A | 65,257,947.00 | N/A | 55,664,525.00 |
| Current Tax Assets Current | N/A | N/A | N/A | 1,520,429.00 | N/A | 955,959.00 |
| Other Current Financial Assets | N/A | N/A | N/A | 0.00 | N/A | 0.00 |
| Current Financial Assets At Amortised Cost | N/A | 7,551,229.00 | N/A | 1,962,521.00 | N/A | 0.00 |
| Other Current Nonfinancial Assets | N/A | N/A | N/A | 51,793,499.00 | N/A | 53,484,280.00 |
| Cash and cash equivalents | 173,165,262.00 | 127,254,003.00 | 127,254,003.00 | 67,560,266.00 | N/A | 61,715,966.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | N/A | N/A | 0.00 | N/A | 0.00 |
| Equity And Liabilities | N/A | N/A | N/A | 649,096,262.00 | N/A | 636,734,178.00 |
| Equity | N/A | N/A | 240,575,815.00 | 239,425,649.00 | 239,425,649.00 | 229,974,754.00 |
| Issued Capital | N/A | N/A | N/A | 87,907,017.00 | N/A | 87,907,017.00 |
| Retained Earnings | N/A | N/A | N/A | 582,488.00 | N/A | 650,867.00 |
| Share Premium | N/A | N/A | N/A | 53,716,218.00 | N/A | 53,716,218.00 |
| Treasury Shares | N/A | N/A | N/A | 0.00 | N/A | 0.00 |
| Other Reserves | N/A | N/A | N/A | 80,056,201.00 | N/A | 77,345,442.00 |
| Equity Attributable To Owners Of Parent | N/A | N/A | N/A | 222,261,924.00 | N/A | 219,619,544.00 |
| Noncontrolling Interests | N/A | N/A | N/A | 17,163,725.00 | N/A | 10,355,210.00 |
| Noncurrent Liabilities | N/A | N/A | N/A | 305,191,727.00 | N/A | 295,769,696.00 |
| Noncurrent Provisions For Employee Benefits | N/A | N/A | N/A | 8,114,079.00 | N/A | 7,496,108.00 |
| Deferred Tax Liabilities | N/A | N/A | N/A | 2,272,469.00 | N/A | 1,821,297.00 |
| Other Noncurrent Financial Liabilities | N/A | N/A | N/A | 5,740,284.00 | N/A | 2,009,314.00 |
| Noncurrent Financial Liabilities At Amortised Cost | N/A | 258,554,763.00 | N/A | 272,210,565.00 | N/A | 282,697,614.00 |
| Other Noncurrent Nonfinancial Liabilities | N/A | N/A | N/A | 235,704.00 | N/A | 170,074.00 |
| Noncurrent Portion Of Noncurrent Bonds Issued | N/A | 78,772,100.00 | N/A | 15,182,956.00 | N/A | 0.00 |
| Current Liabilities | N/A | N/A | N/A | 104,478,886.00 | N/A | 110,989,728.00 |
| Current Tax Liabilities Current | N/A | N/A | N/A | 1,514,320.00 | N/A | 475,633.00 |
| Other Current Financial Liabilities | N/A | N/A | N/A | 0.00 | N/A | 0.00 |
| Current Financial Liabilities At Amortised Cost | N/A | 28,319,050.00 | N/A | 41,983,286.00 | N/A | 32,611,959.00 |
| Other Current Nonfinancial Liabilities | N/A | N/A | N/A | 60,737,752.00 | N/A | 62,467,045.00 |
| Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | N/A | N/A | 0.00 | N/A | 0.00 |
| Current Bonds Issued And Current Portion Of Noncurrent Bonds Issued | N/A | 1,126,279.00 | N/A | 243,528.00 | N/A | 15,435,091.00 |
| Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | N/A | 201,567,355.00 | 210,213,302.00 |
| Revenue From Dividends | 0.00 | 0.00 | N/A |
| Other Income | N/A | 8,243,872.00 | 12,893,167.00 |
| Changes In Inventories Of Finished Goods And Work In Progress | N/A | 10,811,172.00 | 9,492,809.00 |
| Services Expense | 36,428,291.00 | 52,066,292.00 | 51,966,279.00 |
| Bank And Similar Charges | 15,416,905.00 | 14,139,469.00 | 12,773,852.00 |
| Employee Benefits Expense | N/A | 52,472,570.00 | 56,528,528.00 |
| Depreciation And Amortisation Expense | N/A | 17,467,354.00 | 18,710,050.00 |
| Other Expense By Nature | N/A | 3,287,563.00 | 4,084,405.00 |
| Profit Loss From Operating Activities | N/A | 7,287,503.00 | 12,093,249.00 |
| Finance Income | N/A | 1,276,684.00 | 5,468,653.00 |
| Impairment Loss Impairment Gain And Reversal Of Impairment Loss Determined In Accordance With I F R S9 | N/A | 914,083.00 | 9,074,173.00 |
| Profit Loss Before Tax | N/A | -6,376,956.00 | -3,984,209.00 |
| Income Tax Expense Continuing Operations | N/A | 4,631,776.00 | -2,210,748.00 |
| Profit (loss) | 1,772,460.00 | -1,745,180.00 | -1,773,461.00 |
| Profit Loss Attributable To Owners Of Parent | N/A | 582,488.00 | 650,867.00 |
| Profit Loss Attributable To Noncontrolling Interests | N/A | -2,327,668.00 | -2,424,328.00 |
| Line item in (eur) | 01.01.2021 | 02.01.2020 | 01.01.2022 | 02.01.2021 | 01.01.2023 |
|---|---|---|---|---|---|
| Profit (loss) | 1,772,460.00 | N/A | -1,745,180.00 | N/A | -1,773,461.00 |
| Adjustments For Income Tax Expense | N/A | N/A | 612,339.00 | N/A | 124,017.00 |
| Adjustments For Finance Costs | N/A | N/A | 14,060,037.00 | N/A | 12,576,823.00 |
| Adjustments For Decrease Increase In Inventories | N/A | N/A | 9,862,737.00 | N/A | 9,593,422.00 |
| Adjustments For Depreciation And Amortisation Expense | N/A | N/A | 399,235.00 | N/A | 461,822.00 |
| Adjustments For Provisions | N/A | N/A | 49,367.00 | N/A | 263,298.00 |
| Adjustments For Unrealised Foreign Exchange Losses Gains | N/A | N/A | -43,255.00 | N/A | 4,612.00 |
| Cash Flows From Used In Operations | N/A | N/A | 27,144,298.00 | N/A | 33,988,060.00 |
| Income Taxes Paid Refund Classified As Operating Activities | N/A | N/A | 336,858.00 | N/A | -598,234.00 |
| Cash Flows From Used In Operating Activities | N/A | N/A | 31,820,702.00 | N/A | 39,772,836.00 |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | N/A | N/A | 0.00 | N/A | 19,075,886.00 |
| Interest Received Classified As Investing Activities | N/A | N/A | 1,153,997.00 | N/A | 5,276,236.00 |
| Cash Flows From Used In Investing Activities | N/A | N/A | -40,875,224.00 | N/A | -29,224,686.00 |
| Repayments Of Borrowings Classified As Financing Activities | N/A | N/A | 64,471,895.00 | N/A | 0.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | N/A | 27,320,038.00 | N/A | 1,115,722.00 |
| Interest Paid Classified As Financing Activities | N/A | N/A | 14,060,037.00 | N/A | 12,568,216.00 |
| Cash Flows From Used In Financing Activities | N/A | N/A | -50,639,215.00 | N/A | -16,392,449.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | -45,911,259.00 | N/A | -59,693,737.00 | N/A | -5,844,300.00 |
| Cash and cash equivalents | 127,254,003.00 | 173,165,262.00 | 67,560,266.00 | 127,254,003.00 | 61,715,966.00 |
Please note that some sums might not add up.
IT0001447348
LEI8156005D6ADE56371580
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