August 04, 2017

Panariagroup

We feel like a lame duck on the markets.


PAN.Mi (ISIN: IT0001467577)

PanariaGroup Industrie Ceramiche SpA is an Italy-based company engaged in the production and marketing of porcelain stoneware and single-fired ceramics tiles. The Company operates in Italy and worldwide through its brands: Panaria, Lea, Cotto d’Este, Fiordo, Margres, Love Tiles, Floridatile and Blustyle. It sells its product in the wholesale and retail trade.                
        
Market: Milano

http://www.panariagroup.it


Gain over the last quarter: +3.9 % 

Fair value: 6.8€Discount: 14.6%Average yearly return: 39%Outperformer

On Aug 4, 2017 PANARIAGROUP INDUSTRIE CERAMICHE :H1 REVENUES FROM SALES AND SERVICES EUR 206.8 MILLION.H1 NET PROFIT EUR 9.6 MILLION .CAPABLE OF OBTAINING IN H2 IMPROVED ECONOMIC AND FINANCIAL RESULTS, COMPARED TO 2016. 

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