Duyuru • 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. Duyuru • 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. Duyuru • 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 Reported Earnings • Nov 17
Third quarter 2024 earnings released: EPS: €0.47 (vs €0.67 in 3Q 2023) Third quarter 2024 results: EPS: €0.47 (down from €0.67 in 3Q 2023). Revenue: €492.8m (down 8.0% from 3Q 2023). Net income: €50.0m (down 30% from 3Q 2023). Profit margin: 10% (down from 13% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 09
Second quarter 2024 earnings released: EPS: €0.58 (vs €0.76 in 2Q 2023) Second quarter 2024 results: EPS: €0.58 (down from €0.76 in 2Q 2023). Revenue: €549.8m (down 7.2% from 2Q 2023). Net income: €62.1m (down 24% from 2Q 2023). Profit margin: 11% (down from 14% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Duyuru • 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. Buy Or Sell Opportunity • Jun 03
Now 20% overvalued Over the last 90 days, the stock has fallen 1.8% to €42.46. The fair value is estimated to be €35.38, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 5.4% in 2 years. Earnings are forecast to grow by 16% in the next 2 years. Reported Earnings • May 17
First quarter 2024 earnings released: EPS: €0.63 (vs €0.80 in 1Q 2023) First quarter 2024 results: EPS: €0.63 (down from €0.80 in 1Q 2023). Revenue: €545.9m (down 7.8% from 1Q 2023). Net income: €67.2m (down 21% from 1Q 2023). Profit margin: 12% (down from 14% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany. Upcoming Dividend • May 13
Upcoming dividend of €0.32 per share Eligible shareholders must have bought the stock before 20 May 2024. Payment date: 22 May 2024. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.3%). Buy Or Sell Opportunity • May 07
Now 21% overvalued Over the last 90 days, the stock has fallen 2.7% to €42.00. The fair value is estimated to be €34.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings are also forecast to grow by 5.5% per annum over the same time period. Buy Or Sell Opportunity • Apr 09
Now 26% overvalued Over the last 90 days, the stock has fallen 3.9% to €43.88. The fair value is estimated to be €34.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are also forecast to grow by 5.6% per annum over the same time period. Declared Dividend • Mar 22
Dividend increased to €0.32 Dividend of €0.32 is 6.7% higher than last year. Ex-date: 20th May 2024 Payment date: 22nd May 2024 Dividend yield will be 0.7%, which is lower than the industry average of 2.6%. Payout Ratios Payout ratio: 11%. Cash payout ratio: 20%. Reported Earnings • Feb 16
Full year 2023 earnings released: EPS: €2.57 (vs €2.52 in FY 2022) Full year 2023 results: EPS: €2.57 (up from €2.52 in FY 2022). Revenue: €2.24b (up 7.8% from FY 2022). Net income: €274.3m (up 2.9% from FY 2022). Profit margin: 12% (in line with FY 2022). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Machinery industry in Germany. Recent Insider Transactions • Jan 17
CEO & Executive Director recently sold €555k worth of stock On the 10th of January, Fabio Marasi sold around 12k shares on-market at roughly €46.21 per share. This transaction amounted to 69% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Fabio has been a net seller over the last 12 months, reducing personal holdings by €1.1m. Duyuru • 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 Duyuru • Dec 30
Interpump Group S.p.A., Annual General Meeting, Apr 26, 2024 Interpump Group S.p.A., Annual General Meeting, Apr 26, 2024. Recent Insider Transactions • Dec 13
CEO & Executive Director recently sold €550k worth of stock On the 7th of December, Fabio Marasi sold around 13k shares on-market at roughly €44.03 per share. This transaction amounted to 42% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Fabio's only on-market trade for the last 12 months. Board Change • Nov 17
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. Reported Earnings • Nov 15
Third quarter 2023 earnings released: EPS: €0.67 (vs €0.71 in 3Q 2022) Third quarter 2023 results: EPS: €0.67 (down from €0.71 in 3Q 2022). Revenue: €535.9m (up 3.3% from 3Q 2022). Net income: €71.6m (down 3.8% from 3Q 2022). Profit margin: 13% (in line with 3Q 2022). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Machinery industry in Germany. Reported Earnings • Aug 06
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 3.8% growth forecast for the Machinery industry in Germany. Duyuru • 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 2.8% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Upcoming Dividend • May 15
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 German dividend payers (4.7%). Lower than average of industry peers (2.9%). 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 4.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. 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. Duyuru • 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 16
Third quarter 2022 earnings released: EPS: €0.71 (vs €0.46 in 3Q 2021) Third quarter 2022 results: EPS: €0.71 (up from €0.46 in 3Q 2021). 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 3.9% growth forecast for the Machinery industry in Germany. Reported Earnings • Nov 13
Third quarter 2022 earnings released: EPS: €0.71 (vs €0.46 in 3Q 2021) Third quarter 2022 results: EPS: €0.71 (up from €0.46 in 3Q 2021). 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 3.9% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany. 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 9.5% growth forecast for the industry in Germany. 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 11% growth forecast for the industry in Germany. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €39.90, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Machinery industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €34.11 per share. Reported Earnings • Feb 17
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: €1.84 (up from €1.60 in FY 2020). Revenue: €1.60b (up 24% from FY 2020). Net income: €196.0m (up 15% from FY 2020). Profit margin: 12% (down from 13% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.7%. Over the next year, revenue is forecast to grow 19%, compared to a 11% growth forecast for the industry in Germany. Duyuru • Feb 07
Interpump Group S.p.A. to Report Fiscal Year 2021 Results on Mar 18, 2022 Interpump Group S.p.A. announced that they will report fiscal year 2021 results on Mar 18, 2022 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). Board Change • Sep 21
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.