Company Profile
With a consolidated turnover as of December 31st 2013 of 273 million
euros and a gross operating margin of 14 million euros, Panariagroup,
headquartered in FinaleEmilia (Modena), heads a Group listed on the Star
segment of the Italian Stock Exchange, and has been active for over 30
years in the manufacturing and marketing ofceramic materials for floor and
wall, with a focus on the high-end and deluxe market segment. With
around 1.589 employees and 6 manufacturing plants (3 located in Italy, 2
in Portugal and 1 in the US), Panariagroup is among the leading
manufacturers in Italy. Panariagroup operates through 8 benchmark
brands (Panaria, Lea, Cotto d'Este, Fiordo,Blustyle,Margres, Lovetiles and
Florida Tile), all positioned on the high-end and deluxe marketsegment.
The company distributes its products through a sales network coordinated
and managed by the heads of the eight brands, and made up by 450
employees inmanagement, sales correspondence, and pre and post-sale
customer assistance, as well as about 300 Sales Agents serving a base of
over 7,000 customers. Starting in the mid-1990s, the Group's activity has
been increasingly focused on the manufacture of ceramic materials for
floor and wall in porcelain stoneware, which currently constitutes the
Group's core business. Exports, particularly towards Western
Europeancountries and the United States, represents 76% of the
consolidated turnover. The main factors in the company's success are its
solid experience, the name recognition of its brands, its intense research
and development activity, its extensive sales network, and the international
scope of its end markets. Panariagroup is a subsidiary of Finpanaria
S.p.A., which holds 70% of its capital; the remaining 30% is made up of
floating shares.
C.R.(2)
BOARD MEMBERS
C.C.I.(1)
Independent
Non executive
Executive
CORPORATE GOVERNANCE * (CG)
BOARD MEMBERS
OWNERSHIP
COMPANY
Specialist broker
ISIN
PANARIAGROUP
INDUSTRIE
CERAMICHE
Banca IMI S.p.A.
BLOOMBERG
PAN IM
REUTERS
PAN.MI
Via Panaria Bassa, 22/a
41049 Finale Emilia
Auditing company *
Chairman
897,362 shares on 12/31/13
Giuliano Mussini
Giovanna Mussini
Super sector
CONSTRUCTION &
MATERIALS
Investor relations *
Renato Martelli
E-mail:renato.martelli@panariagroup.it
Tel.:+39 0536915211 - Fax:+39 0536915204
I Quarter
Total Sales
Ebitda
Ebitda margin
Ebit
Ebit Margin
Ebt
Ebt margin
Net Result
E-Margin
31/03/13
66.65
5.08
7.61%
0.73
1.09%
0.17
0.25%
-0.07
-0.11%
31/03/13
102.49
155.24
257.73
Var %
'13 vs '12
-6.97%
-25.16%
31/03/12
71.65
6.78
9.47%
2.24
3.13%
0.93
1.30%
0.37
0.51%
-81.87%
I Quarter
Var %
'13 vs '12
8.39%
1.93%
4.40%
31/03/12
94.55
152.31
246.86
Vice Chairman
152,516 shares on 12/31/13
Giuliano Pini
Giuliano Pini
Source: company data. The year-end closing is at December, 31. years Results are prepared in accordance with IAS/IFRS.
189,364 shares on 12/31/13
Giovanna Mussini
Emilio Mussini
CEO
71,497 shares on 12/31/13
Paolo Mussini
Paolo Mussini
10,000 shares on 12/31/13
Executive Director
TOP
MANAGEMENT
Enrico Palandri
Director
Emilio Mussini
Sonia Bonfiglioli
Chairman
Director
Quantity
45,355,291
45,355,291
Number of shares outstanding
Ordinary
Nominal value (€)
Roberto Tunioli
Director
Annual Results
31/12/12
31/12/11
92.15
84.87
153.70
153.25
245.84
238.13
SHARE ANALYSIS
Paolo Onofri
Director
Annual Results
31/12/12
31/12/11
280.78
291.40
21.10
25.63
7.51%
8.80%
-5.55
4.96
-1.98%
1.70%
-9.24
2.00
-3.29%
0.69%
1.59
1.55
0.57%
0.53%
-67.46%
Net Financial Debt / (Cash)
Net Equity
Capital Employed
vice Chairmam
Market Segment
STAR
KEY FIGURES *
€m
Giuliano Mussini
Emilio Mussini
Industry
INDUSTRIALS
Reconta Ernst & Young S.p.A.
www.ey.com
Tel.: +39 0535 95111
Fax: +39 0535 95244
www.panariagroup.it
IT0001467577
Giuliano Mussini
Last Divid. (€)
0.030
Ordinary
Vicechairman
Capitalis. (€ m)
76.92
76.92
0.50
Detach Date
11/05/2009
Giuliano Pini
General Manager
OTHER
INFORMATION
RELATING
GOVERNANCE
Compensation
Stock
Mbo
Incentivo
List based voting
system (BoD / MB)
Quorum for minority
shareholders
Last price
Ord
Performance
Ord
13/02/2015
1.70
-2Y
42.95%
-2Y
81.14%
-38.19%
Price range (-2y)
Ord
-1Y
29.24%
-1Y
15.14%
14.10%
MAX
1.70
-3M
47.29%
-3M
21.78%
25.51%
MIN
1.03
-1M
30.17%
-1M
12.46%
17.71%
2.0%
INDEX ITSTAR
Relative perf.
TURNOVER AND VOLATILITY - STATISTICS FROM 02/01/2015 TO13/02/2015
Record Date
Turn over
(1): Internal Control Committee (2): Compensation Committee (3): Nomination
Committee
(CG) Corporate Governance: Traditional Model
Total(€)
Daily average(€)
4,291,728
138,443
Number of shares traded
SHAREHOLDERS *
PANARIAGROUP INDUSTRIE
CERAMICHE SPA: 0.95%
CARISMA SPA : 2.55%
EQUILYBRA CAPITAL PARTNERS
S.P.A.: 4.49%
OTHER SHAREHOLDERS < 2%:
22.71%
Total
Daily average
2,823,155
91,070
Number of trades
Total
Daily average
1,966
63
A
Volatility
34.24%
FINPANARIA SPA: 69.30%
A
Source: COMPANY. Update: 14/02/2015
Turnover velocity
51.00%
Source: Borsa Italiana. Data refer to the ordinary shares.
ANALYST REPORTS
Analyst reports from www.borsaitaliana.it: Banca Intermediazione Mobiliare - IMI (03/09/2014) Banca Intermediazione Mobiliare - IMI
(19/03/2014)
* The above information has been provided and updated by the issuing company