IVS Group S.A.

IVS

LU0556041001

Food Retail & Distribution

Market Closed - Borsa Italiana Other stock markets 11:44:59 2024-04-26 am EDT			5-day change	1st Jan Change
7.14 ^EUR	+0.28%		+5.62%	+30.77%

Apr. 24	Stock markets bullish; Eni with profit down	AN
Apr. 23	Mib rises; A2A on fifth bullish session in a row.	AN

IVS Group improves revenues and profits in fiscal year 2023

March 28, 2024 at 02:02 pm EDT

(Alliance News) - IVS Group Spa reported Thursday that it ended 2023 with revenues of EUR726.1 million from EUR542.1 million in the previous year.

Ebitda rose to EUR113.5 million from EUR91.0 million while the adjusted figure increased to EUR116.2 million from EUR92.1 million.

Operating income rose to EUR35.9 million from EUR23.0 million.

Consolidated net income 2023 was EUR17.6 million - before EUR1.4 million in results attributable to minorities - compared to EUR7.6 million in 2022. Adjusted net income, again before minority earnings, net of items considered non-recurring, is EUR13.8 million compared to EUR8.3 million in 2022.

Net financial position is negative EUR421.1 million, to be compared with EUR417.0 million as of December 31, 2022. During 2023, payments were made for acquisitions of EUR6 million and EUR11 million for minority purchases; there were also payments for net technical investments totaling about EUR56.2 million and about EUR10.4 million for dividends.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

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Latest news about IVS Group S.A.

Stock markets bullish; Eni with profit down	Apr. 24	AN
Mib rises; A2A on fifth bullish session in a row.	Apr. 23	AN
IVS bullish; profit taking on Tessellis.	Apr. 23	AN
Lavazza launches takeover bid aimed at delisting IVS Group	Apr. 23	AN
IGD and Fidia best performers; IVS falls.	Apr. 22	AN
E-Coffee Solutions S.r.l. entered into investment agreement to acquire IVS Group S.A. from Ivs Partecipazioni S.P.A., Torino 1895 Investimenti S.p.A. and others for ?650 million.	Apr. 21	CI
Greenthesis bullish; Trevi gives way.	Apr. 05	AN
Transcript : IVS Group S.A., 2023 Earnings Call, Mar 29, 2024	Mar. 29
IVS Group improves revenues and profits in fiscal year 2023	Mar. 28	AN
IVS Group S.A. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 27	CI
IVS Group S.A. acquired the remaining 50% stake in Time Vending S.R.L. from Chef Express S.p.A. in a transaction valued at ?7.4 million.	Dec. 28	CI
Transcript : IVS Group S.A., Q3 2023 Earnings Call, Nov 15, 2023	Nov. 15
IVS Group, revenues grow 50 percent in nine months; profit jumps	Nov. 14	AN
IVS Group S.A. Reports Earnings Results for the Nine Months Ended September 30, 2023	Nov. 14	CI
Oxford Metrics buys Industrial Vision Systems for GBP8.1 million	Nov. 01	AN
Inventus Mining Up 25% After Reporting Assay Results From Drilling at Dorland Co-Au-Cu-Ni Prospect	23-10-18	MT
Transcript : IVS Group S.A., Q2 2023 Earnings Call, Sep 08, 2023	23-09-08
IVS Group in the first half of the year reports increase in profit and revenue	23-09-07	AN
IVS Group S.A. Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-07	CI
Europeans in the red; Tod's well on the Mid after results	23-09-07	AN
Europeans expected to fall; Brent crude above USD90	23-09-07	AN
Milan bearish; Leonardo stays afloat	23-09-06	AN
Grindrod Shipping Finalizes Purchase of 3 Vessels, Sells Another	23-07-28	MT
Inventus Mining Up 14.3% After Reporting Completion of First Phase of Drilling at Dorland Prospect	23-07-20	MT
Inventus Mining Kicks Off Drilling at Dorland Prospect	23-06-28	MT

Chart IVS Group S.A.

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Company Profile

IVS group SA is an Italy-based food service operator. The companyâs core businesses are administrative services and sales of food, beverages and goods through automated vending machines. It provides services, on the basis of multi-year procurement contracts, to private, public customers and travel locations, for the installation, maintenance and refill of vending machines. Its product portfolio encompasses full automatic medium and bigger-sized free standing machines, subdivided on the basis of product categories, such as hot vending machines and mix vending machines, as well as semi- automatic small machines and tabletop coffee machines. As of December 31, 2011, it operated through numerous subsidiaries located in Italy, France and Spain, among others, such as CSH Srl.

Sector

Food Retail & Distribution

Calendar

2024-05-13 - Q1 2024 Earnings Release (Projected)

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