Company Profile IVS (International Vending Services) Group is the leader in the Italian Vending Machines (VM) sector and the third largest in Europe. The group, whose origins date back to 1972, adopted its present structure in 2006, through a merger process, after several acquisitions that allowed the company to become a European level player and the Italian market leader.IVS provides services, on the basis of multi-year procurement contracts, to private small and large corporate, public customers and travel locations, for the installation, maintenance and refill of:A) full automatic medium and large free standing machines (Hot vending machines and Mix vending machines);B) semi automatic small machines /OCS (Office Coffee Service): tabletop coffee machines.IVS runs about 160,000 vending machines, of which 100,000 automatic and 60,000 semi-automatic OCS, serving 640 million of coffees, drinks or snacks per year. The Italian market, fully covered by IVS commercial network, represents around 85% of sales; France, Spain and Switzerland the remaining 15%. IVS employs over 2,200 people, mostly involved in re-filling of VM and technical assistance. Logistic control, innovation in technologies used, and development of product range for VM, are the key factors for success in this business.Over the last 6 years, IVS has made around 80 acquisitions, quickly realising synergies in terms of growth and cost efficiency.At the beginning of 2012 IVS completed a merger with Italy1 Investment SA, a SPAC (Special Purpose Acquisition Company) listed on Italian Stock Exchange (MIV segment). This transaction confirms and further supports IVS Group commitment to growth. Since June 2013 the company is listed on the MTA. BOARD MEMBERS C.C.I.(1) C.R.(2) C.N.(3) Executive Non executive Independent CORPORATE GOVERNANCE * (CG) Cesare Cerea TOP MANAGEMENT COMPANY Auditing company * ISIN IVS GROUP Reconta Ernst & Young BLOOMBERG IVS IM REUTERS IVS.MI 2A, Rue Jean-Baptiste Esch L1473 Luxembourg Marco Gallarati E-mail:investor.relations@ivsgroup.it Tel.:+39 035301695 KEY FIGURES * €m Total Sales Ebitda Ebitda margin Ebit Ebit Margin Ebt Ebt margin Net Result E-Margin First-Half Results 30/06/14 30/06/13 160.72 158.38 32.76 32.72 20.39% 20.66% 12.60 11.78 7.84% 7.44% 2.87 4.84 1.79% 3.05% 0.51 4.30 0.32% 2.71% Var % '14 vs '13 1.48% 0.12% Net Financial Debt / (Cash) Net Equity Capital Employed First-Half Results 30/06/14 30/06/13 212.32 177.77 300.14 303.21 512.46 480.98 Var % '14 vs '13 19.44% -1.01% 6.55% Chairman Vito Alfonso Gamberale Massimo Paravisi Deputy Chairman CEO Paolo Covre Antonio Tartaro Deputy Chairman CEO e CFO Antonio Tartaro CEO Super sector RETAIL Market Segment MTA Cesare Cerea Chairman Industry CONSUMER SERVICES Investor relations * Tel.: +352 4661116329 Fax: +352 466111 6001 www.ivsgroup.it LU0556041001 Annual Results 31/12/13 31/12/12 312.61 297.80 63.96 30.80 20.46% 10.34% 23.13 -9.10 7.40% -3.06% 7.43 -13.98 2.38% -4.69% 5.66 -15.42 1.81% -5.18% 6.93% -40.58% -88.17% Annual Results 31/12/13 31/12/12 186.43 168.53 303.77 298.07 490.20 466.60 Source: company data. The year-end closing is at December, 31. Values are expressed in Million Euro.In 2012: non-recurring charges of Euro 29,954 thousand,of which Euro 25,475 thousand related to the accounting effects of the merger with Italy1 Investment S.A.. EBITDA Adjusted 2012 = Euro 60,750 thousand. Net Income adjusted for the effects the merger = EUro 11,400 thousand. Massimo Paravisi CEO Massimo Trapletti Director Adriana Cerea SHARE ANALYSIS Director Quantity 38,952,491 38,952,491 Monica Cerea Director Number of shares outstanding Ordinary Nominal value (€) Luigi De Puppi Director Mariano Frey Director Carlo Giovanni Mammola Last Divid. (€) 0.120 Ordinary Director Capitalis. (€ m) 267.21 267.21 --.-Detach Date 23/06/2014 Mariella Trapletti Director Franco Tatò Director (1): Internal Control Committee (2): Compensation Committee (3): Nomination Committee (CG) Corporate Governance: Traditional Model SHAREHOLDERS * TREASURY SHARES: 7.65% ALTRI AZIONISTI (MERCATO): 33.19% IVS PARTECIPAZIONI SPA: 59.16% Last price Ord Performance Ord 21/01/2015 6.86 -2Y -0.68% -2Y INDEX ITMI 16.59% Relative perf. Price range (-2y) Ord -1Y -7.45% -1Y -15.81% 8.36% MAX 9.34 -3M -14.25% -3M -10.97% -3.28% MIN 6.27 -1M -2.00% -1M -1.62% -0.38% -17.27% TURNOVER AND VOLATILITY - STATISTICS FROM 02/01/2015 TO21/01/2015 Turn over Source: SOCIETA' Update: 23/03/2013 Total(€) Daily average(€) 168,652 12,047 Number of shares traded Total Daily average 24,253 1,732 Number of trades Total Daily average 101 7 A Volatility 39.11% A Turnover velocity 1.13% Source: Borsa Italiana. Data refer to the ordinary shares. OTHER LISTED INTRUMENTS ON BIT MARKET IDEM STOCK FUTURES SECURITISED DERIVATIVES * The above information has been provided and updated by the issuing company WARRANTS STOCK OPTIONS LISTED BONDS