BE SHAPING THE FUTURE Shaping the future
INVESTORS INFORMATION | 15th January 2021 // Milan |
Be: further information on Firstwaters acquisition
With reference to January 14 2020 press release on Firstwaters acquisition, we further inform that:
- the acquisition will be on a cash basis, partly funded by a credit line from a primary banking institution;
- the consideration of €10.2M for about 86% of Target refers to its Enterprise Value, to which the recognition of free cash shall be added, equal to positive NFP (€3.5M expected at Closing), net of period tax and other commitments.
This press release is available on the Company's website www.be-tse.itand on the centralized storage mechanism "eMarket STORAGE" at www.emarketstorage.com
About Be
Be Group is listed in the STAR segment of Borsa Italiana and is one of the leading Italian players in the Consulting sector. The company provides Business Consulting and Information Technology services.
A combination of specialist skills, advanced proprietary technologies and a wealth of experience enable the Group to work with leading international financial and insurance institutions to create value and boost business growth. With more than 1,300 employees and branches in Italy, United Kingdom, Germany, Austria, Switzerland, Spain, Romania, Poland and Ukraine, in 2019 the Group recorded revenues in the amount of Euro 152.3 million.
STOCK DATA | GROUP DATA (as of 31.12.2019) | HEADQUARTER | MAIN OFFICES | ||
Reuters code: | BEST.MI | Total Revenues (Eur mln): | 152.3 | Rome | Milan |
Bloomberg code: | BEST.MI | EBITDA (Eur mln): | 25.9 | London | |
EBIT (Eur mln): | 12.2 | Munich | |||
SHAREHOLDERS DATA | EBT (Eur mln): | 11.1 | Frankfurt | ||
No. of ordinary shares (mln): | 134.9 | Net Profit (Eur mln): | 6.1 | Madrid | |
Total no. of shares (mln): | 134.9 | Net Financial Position (Eur mln): | (11.4) | Wien | |
Market cap. (Eur mln): | 193.3 | Varsaw | |||
Floating (%): | 40.6 | Bucharest | |||
Floating (Eur mln): | 78.4 | Kyiv | |||
Main Shareholder: | T.I.P. | Zurich |
Be S.p.A.
Investor Relations | Claudio Cornini | +39 06 54 24 86 24 | IR.be@be-tse.it
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Be Shaping the Future S.p.A. published this content on 15 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 January 2021 06:25:03 UTC
