M&A Activity • Dec 21, 2018
M&A Activity
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| Informazione Regolamentata n. 1967-46-2018 |
Data/Ora Ricezione 21 Dicembre 2018 13:34:14 |
MTA | ||
|---|---|---|---|---|
| Societa' | : | doBank SpA | ||
| Identificativo Informazione Regolamentata |
: | 112252 | ||
| Nome utilizzatore | : | DOBANKN02 - Fabio Ruffini | ||
| Tipologia | : | REGEM | ||
| Data/Ora Ricezione | : | 21 Dicembre 2018 13:34:14 | ||
| Data/Ora Inizio Diffusione presunta |
: | 21 Dicembre 2018 13:34:15 | ||
| Oggetto | : | doBank statement | ||
| Testo del comunicato |
Vedi allegato.
Verona, 21 December 2018 – While not providing comments to press rumors, doBank SpA wishes to remind that the Business Plan 2018-2020 presented in June 2018 envisages, in addition to the organic development of revenues and profitability, the pursuit of growth opportunities via M&A with a focus on the Southern European Servicing market, characterized by the highest growth potential in Europe.
doBank wishes to remind that the objectives of the Business Plan include the target of a maximum financial leverage, in case of M&A transactions, not above 3x in terms of Net Debt/EBITDA, M&A transactions with accretive valuations before synergies and that do not require the need for a capital increase. doBank follows a cautious and selective approach to resource utilization, with the objective to maximize expected shareholder value creation.
doBank, listed on the Electronic Stock Market (Mercato Telematico Azionario) organised and operated by Borsa Italiana S.p.A. since July 2017, is a leader in Italy in the business of managing primarily non-performing loans. With more than 18 years of experience in the sector, the Group is a long-standing partner of leading financial institutions and national and international investors. It had a portfolio of assets under management of €77 billion (in terms of gross book value) at December 31, 2017. Managing all phases of the loan lifecycle with an advanced operational approach and the highest servicer ratings in Europe, in 2017 the Group had gross revenues of about €213.0 million, with an EBITDA margin of 33% and strong cash generation.
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Image Building doBank S.p.A. Simona Raffaelli – Emilia Pezzini [email protected]
Investor Relations doBank S.p.A. Fabio Ruffini 06 47979154
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