After 10 years Biesse stock market shares sky-rocket
Corriere Adriatico, a daily newspaper for the Marches, dedicated an article to the figures and growth forecasts for the company from Pesaro.
"A record broken after 10 years. The value of Biesse shares breaks the previous record". Those were the opening words of the in-depth article, printed in the "Economy" pages of the paper. Various topics related to the growth of Biesse were addressed, the first being how shares took off following the announcement of the industrial plan for the next three year period. Shares reached and outdid the € 24.95 price tag achieved in 2007 and closed at €25.30 per share.
The article continues with a discussion of the Group's comeback, reporting an increase in consolidated net revenues with an organic three-year average of 10.1% (revenues of over 825 million euros are expected in 2019). “The secret? Investing 14 million in research and innovation and being obsessed with covering all territories around the world", the Group's founder, Giancarlo Selci, revealed. In keeping with such growth, the number of employees will also increase, with a development plan that further includes investments in new warehouses.
Read the article (only italian version)