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Misitano & Stracuzzi S.p.A.
Earnings Release • Dec 12, 2024
6592_rns_2024-12-12_5333ef58-fd84-4ca4-84ed-e8d08b769bb7.pdf
Earnings Release
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Press Release
ASSONEXT AWARDS 2024: MISITANO & STRACUZZI S.P.A. NAMED BEST IPO 2024 ON EGM
Emanuela Stracuzzi, the Company's CEO, accepted the award during the ceremony held on December 10 in Milan at the Italian Stock Exchange headquarters
Messina (ME), Italy – 12 th December, 2024 - Misitano & Stracuzzi S.p.A., one of the main Italian business to business (B2B) operator active at international level in the creation, production and marketing of citrus essential oils mainly of natural origin and to a lesser extent in the production of citrus juice, listed on the Euronext Growth Milan market, organized and managed by Borsa Italiana S.p.A., announces that it has been awarded Best IPO 2024 on EGM at the AssoNEXT Awards 2024. The event took place in the evening of December 10th in Milan, at the Italian Stock Exchange headquarters. The Company's CEO, Emanuela Stracuzzi, attended the ceremony to receive the prestigious recognition.
The AssoNEXT Awards 2024 is an annual event dedicated to celebrating the excellence of Euronext Growth Milan with the participation of a wide community of entrepreneurs, managers, institutional representatives, professionals, academics, and renowned journalists. Organized in collaboration with Borsa Italiana, the event provides a significant platform to highlight the most innovative and high-performing companies.
Emanuela Stracuzzi, CEO of Misitano & Stracuzzi S.p.A., stated: "Receiving this recognition is a confirmation of the solidity of our strategy and our long-term vision. The IPO was a historic milestone for our company and our family, and this award celebrates our commitment to creating value for our stakeholders. It is also a testament to the hard and continuous work of the Misitano & Stracuzzi team. I am honoured that the market is placing its trust in our project."
Assonext is the industry association for SMEs listed and in the process of listing on multilateral trading facilities, including Euronext Growth Milan, and on regulated markets. For more details about the association, visit the official website: www.assonext.it/.
As a reminder, in the listing process, Misitano & Stracuzzi has been assisted by: Intermonte SIM as Global Coordinator, Sole Bookrunner and Euronext Growth Advisor (EGA), by Emintad Italy as Financial Advisor, by Chiomenti as Legal and Tax Advisor for the Company and for the Global Coordinator, by KPMG S.p.A. as the Auditing company, by Adagio23 as the Advisor for the verification of extra-accounting data and by HEAR-ir as Communication and PR Advisor.
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Misitano & Stracuzzi S.p.a. Citrus Products Via Ghibellina, 64 – 98122 Messina (Italy)
Share capital € 1.277.550,00 fully paid up Messina Business Register Tax ID and VAT 00170700835
Tel. + 39 090 2922571 Email: [email protected] Website: misitanoestracuzzi.com
Share capital € 1.277.550,00 i.v.
C.F. e P.IVA 00170700835
Iscrizione al registro delle imprese di Messina
Email: [email protected] Website: misitanoestracuzzi.com
This press release is available in the "Investor Relations" and "Media" sections of the website https://www.misitanoestracuzzi.com/.
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ABOUT MISITANO & STRACUZZI
The Misitano & Stracuzzi Group is one of the main Italian one of the main Italian business to business (B2B) operator active at international level in the creation, production and marketing of citrus essential oils mainly of natural origin and to a lesser extent in the production of citrus juice. The Company purchases citrus essential oils worldwide and produces proprietary solutions tailored to each individual customer's needs. The citrus essential oils are highly appreciated at the international level and are applied in a variety of fields, including food and drink, perfumes and fragrances, cosmetics and aromatherapy.
The products made by the M&S Group are mainly intended for international customers, including large producers of flavours and fragrances and sometimes directly for producers active in food and beverage, personal and home care, aromatherapy, perfumery, cosmetics and pharma.
Today the Company can use two plants based in Sicily, respectively the Furci Siculo (ME) plant and in S. Teresa di Riva (ME), supported by various warehouses located in Italy, Northern Europe and on the west coast of the United States as well as by a dense and structured sales network spread throughout the world also made up of agents who support the relationship with the Group's customers. In December 2016, Misitano & Stracuzzi USA Corp. was established, a company incorporated under US law, wholly owned by Misitano & Stracuzzi S.p.A. M&S USA carries out distribution activities of essential oils and aromatic essences in the United States. The strategic position assumed by the subsidiary represents a key factor in the development of the Group's business.
The Company is listed on the Euronext Growth Milan market, organized and managed by Borsa Italiana S.p.A., since 29th July 2024 (ISIN code IT0005603078, ticker MS). For the financial year ending December 31st, 2023, the Company's Revenues reached 59.0 million Euro, increasing by 42.2% respect to 2022's financial year and a Group net result of 7.1 million Euro.
For further information
Investor Relations Giuseppe Trusso – CFO & IRM - Misitano & Stracuzzi [email protected] [email protected] F +39 (0)90 2922571
IR, Press and Communication Office HEAR-ir Simona D'Agostino [email protected] M +39 335 7729138 Luca Macario [email protected] M +39 335 7478179
Euronext Growth Advisor Intermonte [email protected] F +39 (0)2 771151
