Read the press release in PDF format here (in Italian)
REDELFI CONTINUES DEVELOPMENT OF BUSINESS UNITS AND PREPARES 2022-2026 BUSINESS PLAN
Milan, Oct. 7, 2022
Redelfi S.p.A. (the “Company”), a management company engaged in the digital and green transition and listed on the Euronext Growth Milan market, following the concerns conveyed to the Company by some small shareholders due to the sudden loss in the value of the stock – amounting to more than 40% in the last three weeks – occurring, moreover, in the absence of negative events, announces that the ordinary activity continues in line with what is foreseen in the business plans for the second half of 2022 and for the next financial years. Regarding this phenomenon – which remains at the moment without valid financial motivation, also in view of the unchanged solidity of the company – the Chairman of the Board of Directors Davide Sommariva commented, “The anomalous and unmotivated movement of the stock in recent weeks – also with reference to the circulated volumes – does not reflect the performance of the Company which, after publishing half-year results in line with management’s forecasts, is continuing its industrial development. In particular – as also highlighted in the notes to the financial statements – the Company is working assiduously on finalizing an agreement with a U.S. partner and starting the development of BESS parks in the U.S. market.”
As already anticipated at the time of the release of the half-year results, the Company will share with its investors and the entire financial community the 2022-2026 Business Plan, focused mainly on the development of the Green business unit, which will be released by October 2022.
This press release is available on the website www.redelfi.com, Investor Relations > Press Releases section and at www.1info.it.
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Redelfi is the parent company of the Redelfi Group active in the digital and green transition through three Business Units operating in the Green, MarTech and GreenTech sectors. Each Business Unit adopts a highly innovative approach in defining products, services, and processes with a strong focus on compliance with ESG principles in business management. In the 2021 fiscal year, the Group achieved a Production Value of EUR 1.2 million and a Net Income of EUR 3.5 million, the latter as a result of extraordinary transactions. Its Net Financial Position was cash positive by EUR 0.1 million and Shareholders’ Equity is EUR 5.6 million. In 2021, the Group made investments of approximately EUR 4.5 million.
Contacts:
ISSUER
Redelfi | Investor Relations Manager | Erika Padoan | investor-relations@redelfi.com | T: +39 320 7954739 | via A. Scarsellini, 119 Torre B “I Gemelli” 11 piano, 16149 Genova
Redelfi | Media Relations | Carolina Beretta | carolina.beretta@redelfi.com | via A. Scarsellini, 119 Torre B “I Gemelli” 11 piano, 16149 Genova
INVESTOR & FINANCIAL MEDIA RELATIONS
IR Top Consulting | Investor Relations | ir@irtop.com | T: + 39 02 4547 3884/3 | Via Bigli, 19 – 20121 Milano
IR Top Consulting | Media Relations | d.gentile@irtop.com | T: + 39 02 4547 3884/3 | Via Bigli, 19 – 20121 Milano
EURONEXT GROWTH ADVISOR & SPECIALIST
Integrae SIM | info@integraesim.it | T: +39 02 96846864 | Piazza Castello, 24 – 20121 Milano
