Indel B S.p.A.

Equities

INDB

IT0005245508

Electrical Components & Equipment

Market Closed - Borsa Italiana Other stock markets 11:44:59 2024-05-20 am EDT			5-day change	1st Jan Change
22.2 ^EUR	-1.77%		0.00%	-7.50%

May. 10	Indel B, revenues slightly down in first quarter	AN
Apr. 12	Indel B closes 2023 with declining numbers; there is dividend	AN

Indel B, revenues slightly down in first quarter

May 10, 2024 at 11:52 am EDT

(Alliance News) - Indel B Spa reported Friday that it achieved consolidated sales revenues of EUR53.4 million in the first quarter, down from EUR55.8 million recorded in the same period of 2023.

"The decline in revenues is to be considered very limited when compared with the performance of the reference markets, moreover, it should be remembered that the same are compared with what was the best period in the group's history," comments Luca Bora, the company's CEO.

"The decline in revenues is generalized, with the only exception for the business related to Components & Spare Parts, which is substantially in line with the same period last year," Bora added.

Indel B's stock closed Friday at a par at EUR22.40 per share.

By Chiara Bruschi, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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Latest news about Indel B S.p.A.

Indel B, revenues slightly down in first quarter	May. 10	AN
Indel B closes 2023 with declining numbers; there is dividend	Apr. 12	AN
Stock exchanges in green; CPI France and Germany close to 2 percent	Apr. 12	AN
Futures await rising lists	Apr. 12	AN
Indel B S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2023	Apr. 11	CI
Mib falls to 33,700; ERG stays afloat	Apr. 11	AN
Indel B has purchased 500 of its own ordinary shares	Mar. 20	AN
Indel B goes ahead with buybacks in its buyback plan	Mar. 05	AN
Indel B has purchased 700 of its own ordinary shares	Feb. 28	AN
Indel B bought back own shares for EUR23,000	Feb. 20	AN
Indel B Spa has purchased its own shares for approximately EUR32,000	Feb. 13	AN
Indel B has purchased 912 of its own ordinary shares	Jan. 23	AN
Indel B has purchased 1,950 of its own ordinary shares	Jan. 15	AN
Indel B updates on its buyback program	Jan. 09	AN
Indel B has purchased 2,150 of its own ordinary shares	Dec. 22	AN
Indel B has purchased 1,100 of its own ordinary shares	Dec. 18	AN
Indel B continues with buyback plan; 500 shares purchased	Dec. 12	AN
Indel B continues with share buybacks	Dec. 05	AN
Indel B, agreement with Safemark for distribution of its minibars	Nov. 15	AN
Indel B in 9 months records slight decline in sales revenue	23-10-27	AN
Mib down slightly; Saipem on top	23-10-27	AN
Indices up; wait for U.S. data	23-10-27	AN
Mib up after ECB; accounts sink Campari and Saipem	23-10-26	AN
Indel B has purchased 800 of its own ordinary shares	23-10-10	AN
Indel B S.p.A. Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-28	CI

Chart Indel B S.p.A.

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Company Profile

Indel B SpA is an Italy-based company engaged in the electrical components and equipment industry. Indel B SpA operates through two business lines, such as the Horeca sector, which supplies international hotel chains, minibars and also accessories for hotel rooms, such electronic safes and locks, light-emitting diode (LED) TVs, hairdryers, LED lighting and wine cellars, as well as the Mobile Refrigeration market, that produces refrigerators for trucks, such as the European trucks and Pullman builders, such as Scania, Iveco, Daf, Renault, Volvo, Kenworth, Peterbilt, Irizar, Irisbus, Karosa. The Company focuses on the commercial exploitation of the invention of the semi-hermetic compressor for generating cold temperatures in small spaces.

Sector

Electrical Components & Equipment

Calendar

2024-09-25 - Q2 2024 Earnings Release (Projected)

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Ratings for Indel B S.p.A.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

22.2 EUR

Average target price

28.7 EUR

Spread / Average Target

+29.28%

Consensus

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Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

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Heating, Ventilation & Air Conditioning Systems