Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Steve Kenny was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Apr 14
Industrie Chimiche Forestali S.p.A., Annual General Meeting, Apr 27, 2026 Industrie Chimiche Forestali S.p.A., Annual General Meeting, Apr 27, 2026, at 15:00 W. Europe Standard Time. 공시 • Mar 28
Industrie Chimiche Forestali S.p.A. announces Annual dividend, payable on May 13, 2026 Industrie Chimiche Forestali S.p.A. announced Annual dividend of EUR 0.3000 per share payable on May 13, 2026, ex-date on May 11, 2026 and record date on May 12, 2026. 공시 • Apr 04
Industrie Chimiche Forestali S.p.A. announces Annual dividend, payable on May 21, 2025 Industrie Chimiche Forestali S.p.A. announced Annual dividend of EUR 0.2000 per share payable on May 21, 2025, ex-date on May 19, 2025 and record date on May 20, 2025. Reported Earnings • Oct 06
First half 2024 earnings released: EPS: €0.21 (vs €0.24 in 1H 2023) First half 2024 results: EPS: €0.21 (down from €0.24 in 1H 2023). Revenue: €40.6m (down 3.5% from 1H 2023). Net income: €1.43m (down 12% from 1H 2023). Profit margin: 3.5% (down from 3.9% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany. Upcoming Dividend • May 06
Upcoming dividend of €0.20 per share Eligible shareholders must have bought the stock before 13 May 2024. Payment date: 15 May 2024. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.0%). New Risk • Apr 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (7.3% increase in shares outstanding). Market cap is less than US$100m (€35.3m market cap, or US$37.6m). Reported Earnings • Mar 31
Full year 2023 earnings released Full year 2023 results: Revenue: €80.5m (down 10% from FY 2022). Net income: €2.16m (down 33% from FY 2022). Profit margin: 2.7% (down from 3.6% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Chemicals industry in Germany. Upcoming Dividend • May 01
Upcoming dividend of €0.20 per share at 3.4% yield Eligible shareholders must have bought the stock before 08 May 2023. Payment date: 10 May 2023. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (5.6%). 공시 • Feb 10
Industrie Chimiche Forestali S.p.A. (BIT:ICF) entered into share purchase agreement to acquire Tessitura Langé S.r.l. Industrie Chimiche Forestali S.p.A. (BIT:ICF) entered into share purchase agreement to acquire Tessitura Langé S.r.l. on February 9, 2023. The current majority shareholder and chief executive officer of Tessitura Langé will remain in office as operations manager of the business unit. Tessitura Langè achieved revenues of approximately €10 million in 2022. The deal, which is not subject to any conditions, will be executed no later than 30 April 2023. Francesca Leverone of Pedersoli e Associati acted as legal advisor to Industrie Chimiche Forestali S.p.A. (BIT:ICF). Board Change • Nov 17
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • May 02
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 16
Full year 2021 earnings released Full year 2021 results: EPS: €0.33. Revenue: €76.5m (up 25% from FY 2020). Net income: €2.28m (up 2.4% from FY 2020). Profit margin: 3.0% (down from 3.7% in FY 2020). The decrease in margin was driven by higher expenses. Board Change • Mar 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. 10 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.