Transcript Company Profile - Borsa Italiana

Company Profile
TIP - TAMBURI INVESTMENT PARTNERS S.P.A. IS AN INDEPENDENT
AND DIVERSIFIED INVESTMENT / MERCHANT BANK WITH
INVESTMENTS, AMONG DIRECT DEALS AND CLUB DEALS, OF
ABOUT 1.9 BILLION EURO IN ¿EXCELLENT¿ COMPANIES FROM AN
ENTREPRENEURIAL POINT OF VIEW AND IS ENGAGED IN
CORPORATE FINANCE ACTIVITIES. CURRENTLY HOLDS, DIRECTLY
OR INDIRECTLY, STAKES IN LISTED AND UNLISTED COMPANIES
INCLUDING: AAA, AMPLIFON, ASSET ITALIA, AZIMUT BENETTI, BE,
BETA UTENSILI, DIGITAL MAGICS, EATALY, FCA, FERRARI, FURLA,
HUGO BOSS, IGUZZINI, INTERPUMP, M&C, MONCLER, MONRIF,
OCTO TELEMATICS, PRYSMIAN, ROCHE BOBOIS, SERVIZI ITALIA
AND TIPO.
COMPANY
Specialist broker
ISIN
TAMBURI
Intermonte Sim S.p.A.
BLOOMBERG
TIP IM
REUTERS
TIP.MI
Via Pontaccio, 10
20121 Milano
Industry
FINANCIALS
Auditing company *
Tel.: 02 88 58 801
Fax: 02 89 00 421
http://www.tipspa.it
IT0003153621
PricewaterhouseCoopers S.p.A.
www.pwc.com
Super sector
FINANCIAL SERVICES
Investor relations *
Market Segment
STAR
Alessandra Gritti
E-mail:[email protected]
Tel.:+39 02 8858 801 - Fax:+39 02 89 00421
Giovanni Tamburi
Chairman and Managing Director
Alessandra Gritti
Vice-Chairperson and Managing
Director
Cesare D'Amico
Vice Chairperson
KEY FIGURES *
C.R.(2)
BOARD MEMBERS
C.C.I.(1)
Independent
Non executive
Executive
CORPORATE GOVERNANCE * (CG)
BOARD MEMBERS
OWNERSHIP
Cesare D'Amico
18,250,624 shares on
9/12/16
Paolo D'Amico
17,600,000 shares on
9/12/16
Giovanni Tamburi
Claudio Berretti
11,077,151 shares on
9/12/16
Executive director and General
Manager
Giuseppe Ferrero
Alberto Capponi
Board member
Paolo D'Amico
Board member
Giuseppe Ferrero
Independent director
Manuela Mezzetti
2,920,998 shares on 9/12/16
Alessandra Gritti
1,931,943 shares on 9/12/16
Board member
Total Sales
Ebitda
Ebitda margin
Ebit
Ebit Margin
Ebt
Ebt margin
Net Result
E-Margin
Claudio Berretti
1,446,864 shares on 9/12/16
Manuela Mezzetti
59,702 shares on 9/12/16
Board member
Daniela Palestra
€m
TOP
MANAGEMENT
Net Financial Debt / (Cash)
Net Equity
Capital Employed
First-Half Results
30/06/16
30/06/15
33.70
27.89
Var %
'16 vs '15
20.83%
Annual Results
31/12/15
31/12/14
37.33
38.15
15.65
46.43%
14.54
43.14%
20.35
72.96%
19.55
70.09%
-23.10%
26.79
71.77%
25.00
66.96%
First-Half Results
30/06/16
30/06/15
215.31
140.47
433.88
476.60
649.19
617.07
Var %
'16 vs '15
53.28%
-8.96%
5.21%
-25.64%
28.91
75.79%
28.54
74.80%
Annual Results
31/12/15
31/12/14
177.44
76.05
449.34
354.34
626.78
430.39
Source: company data. The year-end closing is at December, 31. Values are expressed in Million Euro.Given TIP's activity, the information relating to EBITDA and EBIT are not to be
considered significant. Total revenues are equal to the sum of advisory revenues and financial income of the period.
Giovanni Tamburi
Chairperson and Managing
Director
SHARE ANALYSIS
Alessandra Gritti
Vice Chairperson and
Managing Director
Number of shares outstanding
Ordinary
Nominal value (€)
Claudio Berretti
General Manager
OTHER
INFORMATION
RELATING
GOVERNANCE
Quantity
147,799,487
147,799,487
Last Divid. (€)
0.061
Ordinary
Capitalis. (€ m)
540.27
540.27
--.-Detach Date
30/05/2016
Compensation
Stock
Mbo
Incentivo
Last price
Ord
Performance
Ord
14/10/2016
3.66
-2Y
58.99%
-2Y
50.12%
8.87%
Price range (-2y)
Ord
-1Y
7.40%
-1Y
6.77%
0.62%
Record Date
MAX
3.75
-3M
8.95%
-3M
4.78%
4.17%
2016 half-yearly consolidated
net income amounted to 14.5
million Euro, with respect to a
net income of about 19.5
million Euro in the same
period of 2015.
The income statement
highlights a consolidated
financial income of about
31,4 million Euro and
consolidated financial
expenses of about 18,2
million Euro.
The advisory activity
generated about 2.3 million
Euro of consolidated
revenues.
As of June 30, 2016, TIP
consolidated total
investments in investee
companies were equal to
636,3 million Euro and in
cash and cash equivalents to
approximately 3.90 million
Euro. Consolidated
shareholders equity
amounted to about 443,9
million euro. Consolidated net
financial position as of June
30, 2016 amounted to about 215.3 million euro.
MIN
2.33
-1M
1.12%
-1M
1.46%
-0.34%
List based voting
system (BoD / MB)
Quorum for minority
shareholders
(1): Internal Control Committee (2): Compensation Committee (3): Nomination
Committee
2.5%
INDEX ITSTAR
Relative perf.
TURNOVER AND VOLATILITY - STATISTICS FROM 04/01/2016 TO14/10/2016
Turn over
Total(€)
Daily average(€)
71,325,442
353,096
Number of shares traded
Total
Daily average
21,940,090
108,614
Number of trades
Total
Daily average
37,723
187
A
Volatility
24.40%
A
Turnover velocity
18.81%
(CG) Corporate Governance: Traditional Model
Source: Borsa Italiana. Data refer to the ordinary shares.
ANALYST REPORTS
Analyst reports from www.borsaitaliana.it: Intermonte (17/10/2016) Intermonte (29/07/2016) Intermonte (19/05/2016) Intermonte (16/03/2016)
Intermonte (13/11/2015)
* The above information has been provided and updated by the issuing company
SHAREHOLDERS *
REX CAPITAL S.P.A.: 2.03%
MAIS PARTECIPAZIONI STABILI
S.R.L.: 2.14%
DAM S.R.L.: 2.15%
FINCONCORDIA S.P.A.: 2.16%
ARBUS S.R.L.: 3.37%
COMPAGNIA FINANCIERA
LONESTAR SA: 6.44%
TAMBURI GIOVANNI: 7.50%
ANGELINI PARTECIPAZIONI
FINANZIARIE SRL: 9.00%
D'AMICO SOCIETÀ DI NAVIGAZIONE
S.P.A.: 11.91%
OTHER SHAREHOLDERS < 2%:
54.42%
Source: Company Update: 12/09/2016