SeSa S.p.A., Annual General Meeting, Aug 28, 2015
Jul 31 15
SeSa S.p.A., Annual General Meeting, Aug 28, 2015. Agenda: To consider the financial statements and the consolidated financial statements April 30, 2015; to consider the remuneration report in accordance with Article 123-ter of Legislative Decree no. 58/1998; to approve the appointment of the Board of Directors; to approve the appointment of Board of Auditors for the years 2015-2017; to consider the authorization for the purchase and disposal of Treasury Shares; and to approve the amendments to the Articles 6 and 8 of the company statute resulting from the elimination of the redeemable shares.
SeSa S.p.A. Reports Consolidated and Parent Earnings Results for the Year Ended April 30, 2015
Jul 17 15
SeSa S.p.A. reported consolidated and parent earnings results for the year ended April 30, 2015. For the year, on consolidated basis, the company reported revenues of EUR 1,054,038,000 against EUR 941,023,000 a year ago. Adjusted EBITDA was EUR 51,583,000 against EUR 49,718,000 a year ago. Adjusted EBIT was EUR 41,361,000 against EUR 39,988,000 a year ago. Adjusted EBT was EUR 35,611,000 against EUR 34,449,000 a year ago. Adjusted net profit was EUR 22,605,000 against EUR 21,670,000 a year ago. Net profit was EUR 22,605,000 against EUR 21,162,000 a year ago. Net profit attributable to the Group was EUR 21,803,000 against EUR 20,672,000 a year ago.
For the year, on parent basis, the company reported revenues of EUR 5,090,000 against EUR 5,005,000 a year ago. Adjusted EBITDA was EUR 231,000 against EUR 708,000 a year ago. Adjusted EBIT was EUR 181,000 against EUR 666,000 a year ago. Adjusted EBT was EUR 7,201,000 against EUR 7,269,000 a year ago. Adjusted net profit was EUR 6,883,000 against EUR 6,827,000 a year ago. Net profit was EUR 6,883,000 against EUR 6,319,000 a year ago.
SeSa S.p.A. Announces Consolidated Earnings Results for the Nine Months Ended January 31, 2015
Mar 12 15
SeSa S.p.A. announced consolidated earnings results for the nine months ended January 31, 2015. For the period, the company's revenues were EUR 775.3 million compared with EUR 698.4 million a year ago. The increase in consolidated revenues compared to the previous period is attributable to Sector Value Added Distribution (VAD), which increased by 14.3% over the same period of 2014, due to the growth in sales of value-added IT solutions, as the effect of introduction of new brands in the portfolio distributed (Dell, EMC²) and also to the positive trend of the market. Total revenues and other income was EUR 779.2 million compared with EUR 702.7 million a year ago. Adjusted EBITDA was EUR 39.3 million compared with EUR 37.6 million a year ago. The growth in Ebitda at Group level is mainly driven by the Segment VAD that increased of 10.6% compared to the previous period ended 31 January 2014. Adjusted EBIT was EUR 29.97 million compared with EUR 28.7 million a year ago. Such change reflects, among other things, the increase in Accruals to provision for bad debts, equal to EUR 5,097,000 compared to EUR 4,383,000 at 31 January 2014. Adjusted EBT was EUR 26.0 million compared with EUR 24.99 million a year ago. Such change reflects the Ebit growth, net of financial charges increase, passing from EUR 3,699,000 at 31 January 2014 to EUR 4,174,000 at 31 January 2015, mainly due to the unfavorable trend in exchange rate, negative for EUR 1,152,000 at 31 January 2015 as a result of significant fluctuation in Euro/Dollar exchange rate recorded during the year. Adjusted net profit was EUR 16.3 million compared with EUR 15.6 million a year ago. Net profit was EUR 16.3 million compared with EUR 15.1 million a year ago. Net profit attributable to the group was EUR 15.9 million compared with EUR 14.8 million a year ago. EBIT was EUR 29.97 million compared with EUR 27.96 million a year ago. Profit before taxes was EUR 26.0 million compared with EUR 24.3 million a year ago.