OSAI Automation System S.p.A.

Equities

OSA

IT0005424830

Semiconductor Equipment & Testing

Real-time Borsa Italiana Other stock markets 11:15:24 2024-07-12 am EDT			5-day change	1st Jan Change
0.976 ^EUR	+3.61%		-4.78%	-38.23%

Jun. 25	ITALY GROWTH WINNERS & LOSERS: TMP advances; Ulysses Biomed bearish	AN
Jun. 14	ITALY GROWTH WINNERS & LOSERS: Simone at top; OSAI among worst performers	AN

OSAI receives order of more than EUR3 million from automotive industry leader

June 12, 2024 at 12:32 pm EDT

(Alliance News) - OSAI Automation System Spa on Wednesday reported that it has won an order worth EUR3.5 million from one of the world's leading automotive manufacturers to refurbish a complete assembly and testing line for components for endothermic engine vehicles.

On Wednesday, OSAI closed 0.9 percent in the red at EUR1.06 per share.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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Latest news about OSAI Automation System S.p.A.

ITALY GROWTH WINNERS & LOSERS: TMP advances; Ulysses Biomed bearish	Jun. 25	AN
ITALY GROWTH WINNERS & LOSERS: Simone at top; OSAI among worst performers	Jun. 14	AN
OSAI receives order of more than EUR3 million from automotive industry leader	Jun. 12	AN
Fabio Benetti resigns as CEO of OSAI but remains on the board	Jun. 10	AN
ITALY GROWTH WINNERS & LOSERS: Ivision on top; Rocket Sharing gives way.	May. 27	AN
OSAI Automation System resorts to layoff fund	May. 08	AN
OSAI, Pellecchia resigns as chairman of the board of statutory auditors	May. 02	AN
OSAI Automation System S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2023	Apr. 24	CI
OSAI closes 2023 at a loss but records marked increase in revenues	Mar. 22	AN
ITALY GROWTH WINNERS & LOSERS: Health Italia leads the risers.	Jan. 24	AN
ITALY GROWTH WINNERS & LOSERS: TMP Group at the top; Confinvest hurt.	Nov. 09	AN
OSAI, Ferrero: "In China, the semiconductor sector has restarted."	23-10-17	AN
ITALY GROWTH WINNERS & LOSERS: TMP Group at the top; Deodato bad	23-10-09	AN
Fourth edition of NextGems kicks off Oct. 17 and 18	23-10-04	AN
OSAI Automation System S.p.A. Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-28	CI
OSAI closes half-year loss; revenues rise slightly	23-09-28	AN
Marco Carniato new chief commercial officer of OSAI Automation System	23-08-01	AN
Mib bullish; focus on U.S. debt	23-05-22	AN
Europeans up; Bullish prisms among PMIs.	23-05-19	AN
Mib up slightly; Italy inflation revised	23-05-16	AN
Mib below 27,200 ahead of Italian inflation	23-05-16	AN
Futures down ahead of eurozone macro data	23-05-16	AN
Milan gives ground; Pirelli trailing	23-05-15	AN
Mib up timidly, Recordati leads list	23-05-15	AN
Mib at 27,400 on start before Eurozone macro data	23-05-15	AN

Chart OSAI Automation System S.p.A.

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Company Profile

Osai Automation System SpA is an Italy-based company that operates in the field of the automation for industrial processes. It operates through four divisions Automation & Robotics, Electronic, Laser Micromachining and Semiconductor. The Automation & Robotics division offers benches, rotary tables, lines and modules machinery, among others. The Electronic division specializes in the manufacturing of machinery for assembly, marking, router and laser depaneling. The Laser Micromachining division provides laser marking, welding, plastic welding and cutting equipment. The Semiconductor division focuses on sensor testing, power device as well as burn-in automation solutions. The Companyâs tailormade products are based on standard systems or on special machines for assembly and testing of high-tech components for the semiconductor, automotive and electronics manufacturing industries. The Company has branches in Germany, China and the United States of America with global operations.

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Semiconductor Equipment & Testing

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BUY

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Last Close Price

0.942 EUR

Average target price

1.815 EUR

Spread / Average Target

+92.68%

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