Last €1.23 EUR
Change Today -0.004 / -0.32%
Volume 31.5K
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As of 7:51 AM 01/27/15 All times are local (Market data is delayed by at least 15 minutes).

mittel spa (MIT) Snapshot

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04/17/14 - €1.85
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mittel spa (MIT) Details

Mittel S.p.A, together with its subsidiaries, engages in the equity investment, advisory, and real estate investment activities in Italy. The company invests in medium-sized Italian companies directly through equity participation and through the subscription of closed-end funds. It also invests in residential and tertiary sector; provides advisory services on real estate finance operations; and manages real estate funds and contribution collection. In addition, the company provides advisory services for corporate finance transactions, including mergers and acquisitions, and grant finance in the areas of utilities, real estate, industrial, life sciences, consumer, and financial services. Mittel S.p.A is based in Milan, Italy.

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mittel spa (MIT) Key Developments

Mittel SpA Reports Earnings Results for the Year Ended September 30, 2014

Mittel SpA reported earnings results for the year ended September 30, 2014. For the year, the company reported net loss of EUR 33.6 million, down from a EUR 38 million loss for the 2012/2013 financial year, due to sales of equity stakes and real estate assets. Revenues dropped to EUR 41.5 million from EUR 59 million, on the back of lower contribution of the real estate and advisory portfolios, the group said in a statement. Operating loss was EUR 2.5 million compared with a gross operating profit of EUR 0.5 million in 2012/2013. The operating loss shrank to EUR 45 million from EUR 47.6 million. The group's net debt fell by EUR 24.6 million to EUR 201.8 million, reflecting lower net invested capital and lower consolidated net worth.

Mittel S.p.A to Report Fiscal Year 2014 Results on Jan 19, 2015

Mittel S.p.A announced that they will report fiscal year 2014 results on Jan 19, 2015

Mittel S.p.A, Board Meeting, Jan 19, 2015

Mittel S.p.A, Board Meeting, Jan 19, 2015. Agenda: To consider the approval of the draft financial statements for the year ended as at September 30, 2014.


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