Annuncio • Mar 24
Interpump Group S.p.A. announces Annual dividend, payable on May 20, 2026 Interpump Group S.p.A. announced Annual dividend of EUR 0.3500 per share payable on May 20, 2026, ex-date on May 18, 2026 and record date on May 19, 2026. Annuncio • Mar 25
Interpump Group S.p.A. announces Annual dividend, payable on May 21, 2025 Interpump Group S.p.A. announced Annual dividend of EUR 0.3300 per share payable on May 21, 2025, ex-date on May 19, 2025 and record date on May 20, 2025. Annuncio • Jan 24
Interpump Group S.p.A. to Report Fiscal Year 2024 Final Results on Mar 21, 2025 Interpump Group S.p.A. announced that they will report fiscal year 2024 final results on Mar 21, 2025 Annuncio • Jun 05
Interpump Group S.p.A. (BIT:IP) acquired Alfa Valvole Srl from IDEX Corporation (NYSE:IEX) for €55.2 million. Interpump Group S.p.A. (BIT:IP) acquired Alfa Valvole Srl from IDEX Corporation (NYSE:IEX) for €55.2 million on June 3, 2024. In 2023, the Company generated revenues of approximately €28 million, with an EBITDA margin of approximately 26% and cash of €11 million. The total price of the transaction was set at €55.2 million.Interpump Group S.p.A. (BIT:IP) completed the acquisition of Alfa Valvole Srl from IDEX Corporation (NYSE:IEX) on June 3, 2024. Board Change • Jan 29
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Anna Svelto was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Jan 02
Interpump Group S.p.A. to Report Fiscal Year 2023 Final Results on Mar 18, 2024 Interpump Group S.p.A. announced that they will report fiscal year 2023 final results on Mar 18, 2024 Annuncio • Dec 30
Interpump Group S.p.A., Annual General Meeting, Apr 26, 2024 Interpump Group S.p.A., Annual General Meeting, Apr 26, 2024. Reported Earnings • Aug 08
Second quarter 2023 earnings released: EPS: €0.76 (vs €0.69 in 2Q 2022) Second quarter 2023 results: EPS: €0.76 (up from €0.69 in 2Q 2022). Revenue: €592.2m (up 10% from 2Q 2022). Net income: €81.5m (up 12% from 2Q 2022). Profit margin: 14% (in line with 2Q 2022). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 16% per year. Annuncio • May 19
Interpump Group S.p.A. (BIT:IP) acquired Waikato Milking Systems NZ LP and WMS GP LIMITED for enterprise value of NZD 51.9 million. Interpump Group S.p.A. (BIT:IP) acquired Waikato Milking Systems NZ LP and WMS GP LIMITED for enterprise value of NZD 51.9 million on May 18, 2023. For period ended March 2023, Waikato Group reported turnover of NZD 80 million.Interpump Group S.p.A. (BIT:IP) completed the acquisition of Waikato Milking Systems NZ LP and WMS GP LIMITED on May 18, 2023. Reported Earnings • May 18
First quarter 2023 earnings released: EPS: €0.80 (vs €0.62 in 1Q 2022) First quarter 2023 results: EPS: €0.80 (up from €0.62 in 1Q 2022). Revenue: €592.3m (up 21% from 1Q 2022). Net income: €85.1m (up 30% from 1Q 2022). Profit margin: 14% (in line with 1Q 2022). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 24% per year. Upcoming Dividend • May 17
Upcoming dividend of €0.30 per share at 0.6% yield Eligible shareholders must have bought the stock before 22 May 2023. Payment date: 24 May 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (2.5%). Board Change • May 17
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. Independent Director Federica Menichetti was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 19
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. Independent Director Federica Menichetti was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. Independent Director Federica Menichetti was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Feb 17
Full year 2022 earnings released: EPS: €2.52 (vs €1.84 in FY 2021) Full year 2022 results: EPS: €2.52 (up from €1.84 in FY 2021). Revenue: €2.08b (up 30% from FY 2021). Net income: €266.3m (up 36% from FY 2021). Profit margin: 13% (in line with FY 2021). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 18% per year. Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. Independent Director Federica Menichetti was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Annuncio • Jan 18
Interpump Group S.p.A., Annual General Meeting, Apr 28, 2023 Interpump Group S.p.A., Annual General Meeting, Apr 28, 2023. Agenda: To consider approval of 2022 financial statement. Reported Earnings • Nov 25
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: €518.6m (up 39% from 3Q 2021). Net income: €74.4m (up 50% from 3Q 2021). Profit margin: 14% (up from 13% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Machinery industry in the United Kingdom. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €34.02, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Machinery industry in the United Kingdom. Total returns to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €36.64 per share. Reported Earnings • Aug 06
Second quarter 2022 earnings released: EPS: €0.69 (vs €0.69 in 2Q 2021) Second quarter 2022 results: EPS: €0.69 (down from €0.69 in 2Q 2021). Revenue: €537.6m (up 33% from 2Q 2021). Net income: €72.7m (down 1.5% from 2Q 2021). Profit margin: 14% (down from 18% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 9.8%, compared to a 10% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 16
First quarter 2022 earnings released: EPS: €0.62 (vs €0.50 in 1Q 2021) First quarter 2022 results: EPS: €0.62 (up from €0.50 in 1Q 2021). Revenue: €488.7m (up 30% from 1Q 2021). Net income: €65.4m (up 23% from 1Q 2021). Profit margin: 13% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 16%, compared to a 9.8% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year and the company’s share price has also increased by 10% per year. Upcoming Dividend • May 16
Upcoming dividend of €0.28 per share Eligible shareholders must have bought the stock before 23 May 2022. Payment date: 25 May 2022. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of British dividend payers (4.9%). Lower than average of industry peers (2.0%). Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS €0.46 (vs €0.36 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: €373.5m (up 19% from 3Q 2020). Net income: €49.5m (up 27% from 3Q 2020). Profit margin: 13% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improved over the past week After last week's 20% share price gain to €66.35, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 23x in the Machinery industry in the United Kingdom. Total returns to shareholders of 153% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €33.19 per share. Board Change • Nov 11
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Vice President of the Board Giovanni Tamburi was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 12
Investor sentiment improved over the past week After last week's 19% share price gain to €59.93, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 24x in the Machinery industry in the United Kingdom. Total returns to shareholders of 119% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €33.88 per share. Board Change • Aug 31
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Deputy Chairman Giovanni Tamburi was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Jun 16
Interpump Group S.p.A. (BIT:IP) commences an Equity Buyback Plan for 5,500,000 shares, representing 5.05% of its issued share capital, under the authorization approved on April 30, 2021. Interpump Group S.p.A. (BIT:IP) commences share repurchases on June 7, 2021, under the program mandated by the shareholders in the Ordinary Shareholders' Meeting held on April 30, 2021. As per the mandate, the company is authorized to repurchase up to 5,500,000 shares, representing 5.05% of its share capital. The purchase may take place at a unit price of between a minimum equal to the
nominal value of €0.52 and a maximum of €59 per share. The company has authorized the repurchase program for the for the purpose of investment, stabilization of the stock price in situations of reduced stock market liquidity, and in order to obtain shares that may be exchanged in the case of acquisitions and/or commercial agreements with strategic partners. The authority is valid for 18 months, for the shareholders meeting. As of March 26, 2021, the company had 2,142,256 shares in treasury.
On June 4, 2021, the company announced a share repurchase program. Under the program, the company will repurchase up to 500,000 shares. The shares will be repurchased at a price of €52 per share. The repurchases will commence from June 7, 2021, and valid till September 30, 2021. Annuncio • Jun 02
Interpump Group S.p.A. (BIT:IP) sign a binding agreement to acquire White Drive Motors & Steering from Danfoss Power Solutions Inc. for an enterprise value of €230 million. Interpump Group S.p.A. (BIT:IP) sign a binding agreement to acquire White Drive Motors & Steering from Danfoss Power Solutions Inc. for an enterprise value of €230 million on June 1, 2021. The consideration amount will be paid in cash. The transaction is subject to the approval of certain regulatory authorities, including approval from the EU Commission, the U.S. Department of Justice and the Conselho Administrativo de Defesa Econômica in Brazil. The closing of the transaction is expected in the fourth quarter of 2021. Upcoming Dividend • May 17
Upcoming dividend of €0.26 per share Eligible shareholders must have bought the stock before 24 May 2021. Payment date: 26 May 2021. Trailing yield: 0.6%. Lower than top quartile of British dividend payers (4.1%). Lower than average of industry peers (1.8%). Reported Earnings • Feb 18
Full year 2020 earnings released: EPS €1.41 (vs €1.70 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €1.29b (down 5.4% from FY 2019). Net income: €150.4m (down 16% from FY 2019). Profit margin: 12% (down from 13% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 18
Revenue beats expectations Revenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 10% compared to a 3.9% decline forecast for the Machinery industry in the United Kingdom. Reported Earnings • Feb 14
Full year 2020 earnings released: EPS €1.41 (vs €1.70 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €1.29b (down 5.4% from FY 2019). Net income: €150.4m (down 16% from FY 2019). Profit margin: 12% (down from 13% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 14
Revenue beats expectations Revenue exceeded analyst estimates by 0.8%. Over the next year, revenue is forecast to grow 10% compared to a 4.0% decline forecast for the Machinery industry in the United Kingdom. Is New 90 Day High Low • Dec 23
New 90-day high: €39.52 The company is up 28% from its price of €30.98 on 24 September 2020. The British market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.81 per share. Is New 90 Day High Low • Dec 04
New 90-day high: €37.62 The company is up 21% from its price of €31.18 on 04 September 2020. The British market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.81 per share. Annuncio • Nov 10
Interpump Group S.p.A. (BIT:IP) signed a contract to acquire DZ Trasmissioni Srl on November 9, 2020. Interpump Group S.p.A. (BIT:IP) signed a binding agreement to acquire DZ Trasmissioni Srl on November 9, 2020. The enterprise value is around €5.8 million. Under the terms, Interpump Group S.p.A. will issue 75,000 shares an balance in cash. The revenues of DZ Trasmissioni Srl for 2019 are €5.5 million. The transaction is expected to be closed in January, 2021. Annuncio • Jul 30
Interpump Group S.p.A. (BIT:IP) completed the acquisition of Reggiana Riduttori s.r.l. Interpump Group S.p.A. (BIT:IP) signs a binding agreement to acquire Reggiana Riduttori s.r.l. for an enterprise value of approximately €130 million on September 23, 2019. Under the terms of the transaction, Interpump Group will transfer 3.8 million ordinary shares from its own portfolio plus a cash balance that will be calculated considering an enterprise value of €125 million. For the financial year 2018, Reggiana Riduttori declared consolidated sales of €88 million. Giannicola Albarelli will keep his role of Chairman and Chief Executive Officer of Reggiana Riduttori. The transaction is subject to the results of a due diligence process. The closing of the transaction is expected before the end of this year 2019. Pierluigi Laghezza and Marco Simion of KPMG acted as accountants for Interpump. Roberto Nevoni of Nevoni acted as legal advisor while Bogoni of Padua and Corrado Ruspaggiari acted as financial advisor for the seller.
Interpump Group S.p.A. (BIT:IP) completed the acquisition of Reggiana Riduttori s.r.l. on October 15, 2019. For the financial year 2018, Reggiana Riduttori declared EBITDA of €17.2 million.