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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

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