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Salcef Group — Report Publication Announcement 2021
May 10, 2021
4374_rns_2021-05-10_041f2a51-a9ee-4768-8647-499bb0e2e875.pdf
Report Publication Announcement
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| Informazione Regolamentata n. 20176-54-2021 |
Data/Ora Ricezione 10 Maggio 2021 14:36:41 |
MTA | ||
|---|---|---|---|---|
| Societa' | : | SALCEF GROUP S.P.A. | ||
| Identificativo Informazione Regolamentata |
: | 146805 | ||
| Nome utilizzatore | : | SALCEFGROUPN02 - Valeriano Salciccia | ||
| Tipologia | : | REGEM | ||
| Data/Ora Ricezione | : | 10 Maggio 2021 14:36:41 | ||
| Data/Ora Inizio Diffusione presunta |
: | 10 Maggio 2021 14:36:42 | ||
| Oggetto | : | Exane BNP Paribas issues Initiation of Coverage on Salcef Group S.p.A |
||
| Testo del comunicato |
Vedi allegato.
PRESS RELEASE
Exane BNP Paribas issues Initiation of Coverage on Salcef Group S.p.A: price valuation range €14.4 - €18.0 per share
Rome, 10 May 2021 – Salcef Group, an international leader in the maintenance and construction of railway infrastructure, announces the release of the corporate study "Initiation of Coverage" by Exane BNP Paribas with a price valuation range between €14.4 and €18.0 per share.
Salcef Group has appointed Exane BNP Paribas to carry out Corporate Broking services including the production and distribution of financial analysis.
Exane's coverage joins the active coverage by analysts from Banca Akros, Intermonte, Mediobanca and Banca IMI and is aimed at supporting Salcef Group in developing its relationships with Italian and foreign institutional investors.
This press release is available on the Salcef Group website https://www.salcef.com/, in the Investor Relations/Price Sensitive Press Releases section. ***
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Salcef Group is an Italian corporate group employing over 1,000 people and operating on 4 continents; it is an international railway industry leader in the maintenance and construction of railway and urban transport infrastructure systems, as well as in the construction and sale of rolling stock and the production of reinforced concrete structures. Founded in 1949, the company became wholly owned by the Salciccia family in 1975, and it is currently led by the brothers Gilberto and Valeriano Salciccia, in the roles of Chairman and Managing Director respectively. Railway and metropolitan railway line maintenance and renewal account for 80% of operations and are the core business of Salcef, which in the last 20 years has renewed over 7,000 km of track and is the global leader in track renewal. Salcef Group has a consolidated business founded on a history of more than 70 years, conducted by highly skilled staff in receipt of continual training. From the 2020 IFRS consolidated financial statements Salcef achieved € 340.3 million Value of Production with a net profit of € 41.3 million.
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Contact:
Salcef Group S.p.A.
Investor Relations Diego Paniccia Email: [email protected] Tel: +39 06 416281
Barabino & Partners Stefania Bassi Email: [email protected] Tel: +39 335 62 82 667 www.barabino.it