Company Profile
Company Profile COMPANY
Specialist broker
ISIN
ESPRINET
Gruppo Banca Leonardo S.p.A.
BLOOMBERG
PRT IM
REUTERS
PRT.MI
Via G. Saragat, 4 20834 Nova Milanese
Esprinet (Italian Stock Exchange: PRT) is engaged in the wholesale distribution of IT and consumer electronics in Italy and Spain, with roughly 40.000 resellers customers served and over 600 brands supplied. Consolidated 2010 sales of 2.2 billion euro rank the Company No. 1 in Italy, No. 2 in Spain and No. 5 in Europe. Uniquely enabled by its internetbased business model (www.esprinet.com), Esprinet is especially focused on delivering technology to resellers mainly addressing the small-tomidsize businesses (SMB).
BOARD MEMBERS
C.C.I.(1) C.R.(2) C.N.(3)
Esecutive Non executive Independent
CORPORATE GOVERNANCE * (CG)
Francesco Monti
Francesco Monti
Chairman
8,232,070 shares on 12/31/10
Maurizio Rota Deputy Chairman
Giuseppe Calì
Alessandro Cattani
7,732,000 shares on 12/31/10
Chief Executive Officer
Paolo Stefanelli
Valerio Casari Director
7,730,500 shares on 12/31/10
Giuseppe Calì
Maurizio Rota
Director
Reconta Ernst & Young S.p.A. www.ey.com
Super sector TECHNOLOGY
Investor relations * Michele Bertacco E-mail:[email protected] Tel.:0362 496817 - Fax:0362 496657
KEY FIGURES * €m
BOARD MEMBERS OWNERSHIP
Industry TECHNOLOGY
Auditing company *
Tel.: +39 0362 4961 Fax: +39 0362 496800 http://www.esprinet.com
I Quarter
Total Sales Ebitda Ebitda margin Ebit Ebit Margin Ebt Ebt margin Net Result E-Margin
31/03/11 494.36 12.27 2.48% 11.41 2.31% 10.87 2.20% 6.98 1.41%
Net Financial Debt / (Cash) Net Equity Capital Employed
31/03/11 12.78 227.01 239.78
Var % '11 vs '10 -16.87% -32.87%
31/03/10 594.68 18.27 3.07% 16.90 2.84% 14.78 2.48% 9.65 1.62%
2,514,310 shares on 12/31/10
Director
Alessandro Cattani
Marco Monti
500,000 shares on 12/31/10
Director
Stefania Calì
Stefania Calì
53,970 shares on 12/31/10
Director
Annual Results 31/12/10 31/12/09 2,205.17 2,119.19 59.91 61.41 2.72% 2.90% 55.83 55.66 2.53% 2.63% 48.90 48.85 2.22% 2.30% 32.87 32.16 1.49% 1.52%
-32.45% -26.44% -27.62%
I Quarter
Paolo Stefanelli
IT0003850929
Var % '11 vs '10
31/03/10 -24.48 203.26 178.78
Annual Results 31/12/10 31/12/09 -2.99 -68.13 219.40 194.31 216.40 126.19
11.69% 34.13%
Source: company data. The year-end closing is at December, 31. IAS/IFRS compliant.
Matteo Stefanelli
TOP MANAGEMENT
Director
Angelo Miglietta
SHARE ANALYSIS
Director
Mario Massari
Francesco Monti
Director
Maurizio Rota
Director
Quantity 52,404,340 52,404,340
Number of shares outstanding Ordinary Nominal value (€)
Chairman
Andrea Cavaliere
Deputy Chairman
Alessandro Cattani Chief Executive Officer
Last Divid. (€) 0.175
Ordinary
OTHER INFORMATION RELATING GOVERNANCE
Capitalis. (€ m) 177.00 177.00 0.15 Detach Date 02/05/2011
Compensation Stock Mbo Incentivo List based voting system (BoD / MB) Quorum for minority shareholders
2.5%
Last price
Ord
Performance
Ord
01/09/2011
3.38
-2Y
-53.04%
-2Y
INDEX ITSTAR -6.13%
Relative perf. -46.90%
Price range (-2y)
Ord
-1Y
-48.62%
-1Y
-5.24%
-43.38%
MAX
9.84
-3M
-28.29%
-3M
-17.24%
-11.05%
MIN
3.05
-1M
-8.90%
-1M
-8.92%
0.02%
(1): Internal Control Committee (2): Compensation Committee (3): Nomination Committee
TURNOVER AND VOLATILITY - STATISTICS FROM 03/01/2011 TO01/09/2011
(CG) Corporate Governance: Traditional Model
SHAREHOLDERS * ESPRINET S.P.A.: 2.58% ROTA MAURIZIO: 4.80% BESTINVER GESTION, SGIIC S.A.: 13.98% CALÌ GIUSEPPE: 14.75%
Total(€) Daily average(€)
80,375,874 470,034
Number of shares traded Total Daily average
STEFANELLI PAOLO: 14.75%
Number of trades
MONTI FRANCESCO: 15.71%
Total Daily average
OTHER SHAREHOLDERS < 2%: 33.43% Source: COMPANY. Update: 02/09/2011
Turn over
15,607,323 91,271 39,067 228
A
Volatility
37.54%
A
Turnover velocity
44.59%
Source: Borsa Italiana. Data refer to the ordinary shares.
ANALYST REPORTS Analyst reports from www.borsaitaliana.it: Banca Leonardo (26/08/2011) AXIA (17/06/2011) Banca Leonardo (12/05/2011) AXIA (16/02/2011) Banca Leonardo (14/02/2011) * The above information has been provided and updated by the issuing company
Specialist broker
ISIN
ESPRINET
Gruppo Banca Leonardo S.p.A.
BLOOMBERG
PRT IM
REUTERS
PRT.MI
Via G. Saragat, 4 20834 Nova Milanese
Esprinet (Italian Stock Exchange: PRT) is engaged in the wholesale distribution of IT and consumer electronics in Italy and Spain, with roughly 40.000 resellers customers served and over 600 brands supplied. Consolidated 2010 sales of 2.2 billion euro rank the Company No. 1 in Italy, No. 2 in Spain and No. 5 in Europe. Uniquely enabled by its internetbased business model (www.esprinet.com), Esprinet is especially focused on delivering technology to resellers mainly addressing the small-tomidsize businesses (SMB).
BOARD MEMBERS
C.C.I.(1) C.R.(2) C.N.(3)
Esecutive Non executive Independent
CORPORATE GOVERNANCE * (CG)
Francesco Monti
Francesco Monti
Chairman
8,232,070 shares on 12/31/10
Maurizio Rota Deputy Chairman
Giuseppe Calì
Alessandro Cattani
7,732,000 shares on 12/31/10
Chief Executive Officer
Paolo Stefanelli
Valerio Casari Director
7,730,500 shares on 12/31/10
Giuseppe Calì
Maurizio Rota
Director
Reconta Ernst & Young S.p.A. www.ey.com
Super sector TECHNOLOGY
Investor relations * Michele Bertacco E-mail:[email protected] Tel.:0362 496817 - Fax:0362 496657
KEY FIGURES * €m
BOARD MEMBERS OWNERSHIP
Industry TECHNOLOGY
Auditing company *
Tel.: +39 0362 4961 Fax: +39 0362 496800 http://www.esprinet.com
I Quarter
Total Sales Ebitda Ebitda margin Ebit Ebit Margin Ebt Ebt margin Net Result E-Margin
31/03/11 494.36 12.27 2.48% 11.41 2.31% 10.87 2.20% 6.98 1.41%
Net Financial Debt / (Cash) Net Equity Capital Employed
31/03/11 12.78 227.01 239.78
Var % '11 vs '10 -16.87% -32.87%
31/03/10 594.68 18.27 3.07% 16.90 2.84% 14.78 2.48% 9.65 1.62%
2,514,310 shares on 12/31/10
Director
Alessandro Cattani
Marco Monti
500,000 shares on 12/31/10
Director
Stefania Calì
Stefania Calì
53,970 shares on 12/31/10
Director
Annual Results 31/12/10 31/12/09 2,205.17 2,119.19 59.91 61.41 2.72% 2.90% 55.83 55.66 2.53% 2.63% 48.90 48.85 2.22% 2.30% 32.87 32.16 1.49% 1.52%
-32.45% -26.44% -27.62%
I Quarter
Paolo Stefanelli
IT0003850929
Var % '11 vs '10
31/03/10 -24.48 203.26 178.78
Annual Results 31/12/10 31/12/09 -2.99 -68.13 219.40 194.31 216.40 126.19
11.69% 34.13%
Source: company data. The year-end closing is at December, 31. IAS/IFRS compliant.
Matteo Stefanelli
TOP MANAGEMENT
Director
Angelo Miglietta
SHARE ANALYSIS
Director
Mario Massari
Francesco Monti
Director
Maurizio Rota
Director
Quantity 52,404,340 52,404,340
Number of shares outstanding Ordinary Nominal value (€)
Chairman
Andrea Cavaliere
Deputy Chairman
Alessandro Cattani Chief Executive Officer
Last Divid. (€) 0.175
Ordinary
OTHER INFORMATION RELATING GOVERNANCE
Capitalis. (€ m) 177.00 177.00 0.15 Detach Date 02/05/2011
Compensation Stock Mbo Incentivo List based voting system (BoD / MB) Quorum for minority shareholders
2.5%
Last price
Ord
Performance
Ord
01/09/2011
3.38
-2Y
-53.04%
-2Y
INDEX ITSTAR -6.13%
Relative perf. -46.90%
Price range (-2y)
Ord
-1Y
-48.62%
-1Y
-5.24%
-43.38%
MAX
9.84
-3M
-28.29%
-3M
-17.24%
-11.05%
MIN
3.05
-1M
-8.90%
-1M
-8.92%
0.02%
(1): Internal Control Committee (2): Compensation Committee (3): Nomination Committee
TURNOVER AND VOLATILITY - STATISTICS FROM 03/01/2011 TO01/09/2011
(CG) Corporate Governance: Traditional Model
SHAREHOLDERS * ESPRINET S.P.A.: 2.58% ROTA MAURIZIO: 4.80% BESTINVER GESTION, SGIIC S.A.: 13.98% CALÌ GIUSEPPE: 14.75%
Total(€) Daily average(€)
80,375,874 470,034
Number of shares traded Total Daily average
STEFANELLI PAOLO: 14.75%
Number of trades
MONTI FRANCESCO: 15.71%
Total Daily average
OTHER SHAREHOLDERS < 2%: 33.43% Source: COMPANY. Update: 02/09/2011
Turn over
15,607,323 91,271 39,067 228
A
Volatility
37.54%
A
Turnover velocity
44.59%
Source: Borsa Italiana. Data refer to the ordinary shares.
ANALYST REPORTS Analyst reports from www.borsaitaliana.it: Banca Leonardo (26/08/2011) AXIA (17/06/2011) Banca Leonardo (12/05/2011) AXIA (16/02/2011) Banca Leonardo (14/02/2011) * The above information has been provided and updated by the issuing company
