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Cerved Group SpA (CERV.MI)

CERV.MI on Milan Stock Exchange

7.48EUR
11:36am BST
Change (% chg)

€-0.01 (-0.20%)
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€7.49
Open
€7.49
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€7.55
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€7.48
Volume
1,938
Avg. Vol
300,470
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€9.66
52-wk Low
€6.38

Latest Key Developments (Source: Significant Developments)

Dovalue CEO: Ready to Consider Possible M&A Deals but Not a Priority
Friday, 2 Aug 2019 

Aug 2 (Reuters) - doValue SpA CEO Andrea Mangoni tells analysts on a post-results conference call::S&P HAS JUST TOLD COMPANY IT HAS IMPROVED ITS SERVICER RATINGS.CONSOLIDATION IN THE SECTOR IS COMING AND GROUP IS READY TO CONSIDER POTENTIAL TRANSACTIONS BUT NOT A PRIORITY.DOESN'T WANT TO DILUTE SHAREHOLDERS' PROFITABILITY IN ANSWER TO QUESTION ON M&A, "SIZE IS IMPORTANT BUT NOT EVERYTHING".WOULD CONSIDER TAKING PART IN UPCOMING "CONSOLIDATION GAME" ONLY IF PRICE OF HYPOTHETICAL TARGET IS RIGHT."EXPECTS POSITIVE NEWS IN Q4" WHEN ASKED IF COMPANY COULD TAKE MORE UTP LOANS UNDER MANAGEMENT THIS YEAR.  Full Article

Cerved: Early Termination Of Servicing Deal Between BMPS And Juliet
Sunday, 30 Jun 2019 

July 1 (Reuters) - CERVED GROUP SPA ::SAID ON SUNDAY BANCA MONTE DEI PASCHI DI SIENA (BMPS) EXERCISED ITS RIGHT TO WITHDRAW FROM SERVICING AGREEMENT WITH JULIET.JULIET WILL RECEIVE INDEMNIFICATION PAYMENT AMOUNTING TO EURO 40 MLN.BMPS AND JULIET WILL ALSO ENTER INTO NEW AGREEMENTS.UNDER NEW AGREEMENTS JULIET WILL CARRY OUT ADVISORY SERVICES IN CONNECTION WITH IDENTIFICATION OF PERIMETER AND SALE OF NON-PERFORMING LOAN PORTFOLIOS WHICH ARE EXPECTED TO BE DISMISSED BY BMPS, FOR EUR 3 BILLION.JULIET IS INDIRECT SUBSIDIARY OF CERVED GROUP AND HELD BY CERVED CREDIT MANAGEMENT GROUP S.R.L. AND QUAESTIO HOLDING .  Full Article

Cerved Group Appoints Gianandrea Edoardo De Bernardis Chairman, Andrea Mignanelli CEO
Friday, 19 Apr 2019 

April 19 (Reuters) - Cerved Group SpA ::BOARD APPOINTS GIANANDREA EDOARDO DE BERNARDIS CHAIRMAN, ANDREA MIGNANELLI CHIEF EXECUTIVE OFFICER.  Full Article

Cerved Group Proposes Dividend Of EUR 0.305 Per Share
Tuesday, 5 Mar 2019 

March 5 (Reuters) - Cerved Group SpA ::PROPOSES DIVIDEND OF EUR 0.305 PER SHARE.FY ADJUSTED NET PROFIT EUR 117.1 MILLION VERSUS EUR 94.1 MILLION YEAR AGO.SEES IN GROWTH IN REVENUE AND EBITDA IN 2019.  Full Article

Gruppo MutuiOnline Owns 3 Pct Of Cerved Group
Sunday, 24 Feb 2019 

Feb 25 (Reuters) - Gruppo MutuiOnline ::SAID ON FRIDAY IT HAD REACHED STAKE ABOVE 3 PCT OF THE VOTING SHARE CAPITAL OF CERVED GROUP <<>>.PURCHASE OF CERVED SHARES TOOK PLACE STARTING ON DEC 13, 2018.OWNS 5.9 MLN SHARES, REPRESENTING 3.001 PCT CERVED SHARE CAPITAL.TOTAL CASH OUTLAY EQUAL TO EUR 43.5 MLN, CORRESPONDING TO AN AVERAGE PRICE OF EUR 7.4 /SHR.  Full Article

Italy's Fedrigoni to appoint former Cerved boss Nespolo as CEO
Friday, 12 Oct 2018 

Oct 12 (Reuters) - Cerved Group::ITALIAN PAPER MILL FEDRIGONI SAYS TO APPOINT FORMER CERVED CEO MARCO NESPOLO AS CHIEF EXECUTIVE FROM NOV. 15.  Full Article

Cerved FY Adj. Net Profit Up At EUR 98.2 Mln
Monday, 26 Feb 2018 

Feb 26 (Reuters) - CERVED INFORMATION SOLUTIONS SPA ::FY REVENUE EUR 401.4 MILLION VERSUS EUR 377.0 MILLION YEAR AGO.FY ADJUSTED NET PROFIT EUR 98.2 MILLION VERSUS EUR 92.0 MILLION YEAR AGO.PROPOSES DIVIDEND OF EUR 0.27 PER SHARE.FY NET PROFIT EUR 58.3 MILLION VERSUS EUR 48.7 MILLION YEAR AGO.GROUP’S SCENARIO FOR 2018 CALLS FOR GAINS IN REVENUES AND EBITDA.  Full Article

Cerved Information Solutions Acquires Credit Management Srl From Banca Popolare Di Bari
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - CERVED INFORMATION SOLUTIONS SPA ::SAID ON FRIDAY THAT UNDER THE INDUSTRIAL PARTNERSHIP AGREEMENT WITH BANCA POPOLARE DI BARI (BPB), THE COMPANY HAS ACQUIRED CREDIT MANAGEMENT SRL FROM BPB FOR EUR 18 MILLION.THERE CAN BE ADDED AN EARN-OUT OF UP TO 3.0 MILLION EUROS, WHICH IS BASED ON THE ECONOMIC RESULTS ACHIEVED UP TO 2021.  Full Article

Cerved Board Approves Incorporation Of Units Cerved Group And Consit Italia
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - CERVED INFORMATION SOLUTIONS SPA ::SAID ON MONDAY BOARD HAD APPROVED THE INCORPORATION OF UNIT CERVED GROUP AND INDIRECT UNIT OF CERVED GROUP.CERVED GROUP OWNS 94.3 PCT OF CONSIT ITALIA.TO ASSIGN 3.05 CERVED INFORMATION GROUP SHARES PER EACH SHARE HELD IN CONSIT ITALIA.TO CARRY OUT A CAPITAL INCREASE FOR THE NOMINAL AMOUNT OF UP TO EUR 71,206.00 TO INCORPORATE CONSIT ITALIA, CORRESPONDING TO UP TO 275,226 NO-PAR VALUE SHARES.TRANSACTIONS ARE EXPECTED TO BE COMPLETED BY MARCH 31, 2018 .  Full Article

Cerved 9-month net profit up at EUR 38.2‍​ mln
Friday, 27 Oct 2017 

Oct 27 (Reuters) - CERVED INFORMATION SOLUTIONS SPA :9-MONTH ADJUSTED NET PROFIT EUR ‍68.4​ MILLION VERSUS EUR 62.2 MILLION YEAR AGO.9-MONTH REVENUE EUR ‍288.9​ MILLION VERSUS EUR 270.8 MILLION YEAR AGO.9-MONTH NET PROFIT EUR 38.2‍​ MILLION VERSUS EUR 28.9 MILLION YEAR AGO.BOARD RESOLVES TO START PRELIM ASSESSMENT OF TENTATIVE GROUP REORGANIZATION‍​.REORGANIZATION WOULD INVOLVE INCORPORATION OF UNIT CERVED GROUP.SCENARIO FOR 2017 CALLS FOR GAINS IN REVENUES AND EBITDA.  Full Article

Italy - Factors to watch on July 30

The following factors could affect Italian markets on Tuesday.