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Cerved Group SpA (CERV.MI)

CERV.MI on Milan Stock Exchange

9.00EUR
23 May 2018
Change (% chg)

€0.12 (+1.41%)
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985,332
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Latest Key Developments (Source: Significant Developments)

Cerved, Quaestio Complete Acquisition Of Monte dei Paschi's Recovery Platform Juliet
Monday, 14 May 2018 

May 15 (Reuters) - Banca Monte dei Paschi di Siena , Cerved Group , and Quaestio Holding::SAID ON MONDAY THAT QUAESTIO CERVED CREDIT MANAGEMENT HAS COMPLETED ACQUISITION OF BANCA MONTE DEI PASCHI DI SIENA'S NPL RECOVERY PLATFORM "JULIET".SPECIAL-PURPOSE ENTITY SET UP BY CERVED AND QUAESTIO.TOTAL CONSIDERATION TO ACQUIRE PLATFORM IS EUR 52.6 MLN.POTENTIAL TOTAL EARN-OUT OF UP TO EUR 33.8 MLN WILL BE SUBJECT TO THE ACHIEVEMENT OF CERTAIN ECONOMIC RESULTS.  Full Article

Cerved To Manage Another EUR 4 Bln in NPLs From MPS Once Juliet Deal Is Closed - Conf Call
Monday, 7 May 2018 

May 7 (Reuters) - Cerved Group CEO Nespolo Marco said in a conference call following Q1 results ::AS SOON AS DEAL WITH QUAESTIO FOR MONTE DEI PASCHI <<>> NPL RECOVERY PLATFORM JULIET CLOSES, IT WILL GET ANOTHER EUR 4 BLN OF NON-PERFORMING LOANS TO MANAGE FROM MPS.AMOUNT OF ADDITIONAL NON-PERFORMING LOANS FROM MPS IS HIGHER THAN THE EUR 3 BLN DISCLOSED IN THE PREVIOUS CONFERENCE CALL.  Full Article

Cerved Group Q1 Net Profit Up At EUR 16.0 Mln
Monday, 7 May 2018 

May 7 (Reuters) - Cerved Group SpA ::Q1 REVENUE EUR 105.3 MILLION VERSUS EUR 97.2 MILLION YEAR AGO.Q1 ADJUSTED NET PROFIT EUR 23.1 MILLION VERSUS EUR 22.4 MILLION YEAR AGO.Q1 NET PROFIT EUR 16.0 MILLION VERSUS EUR 13.2 MILLION YEAR AGO.CONFIRMS STRATEGIC OUTLOOK TO 2018.IT IS FORESEEABLE THAT FINANCIAL YEAR 2018 WILL REGISTER GROWTH IN REVENUES AND ADJUSTED 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

Cerved Information Solutions unit to act as special servicer for Atlante II fund‍​
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - CERVED INFORMATION SOLUTIONS SPA :SAYS CERVED CREDIT MANAGEMENT S.P.A APPOINTED TO ACT AS SPECIAL SERVICER FOR ATLANTE II FUND‍​.SPECIAL SERVICING ACTIVITIES ARE RELATED TO ABOUT EUR 13 BILLION OF NON-PERFORMING LOANS GENERATED BY MONTE DEI PASCHI DI SIENA.  Full Article

Cerved Information Solutions unit buys business information branch of Fox & Parker
Thursday, 1 Sep 2016 

Cerved Information Solutions SpA : Said on Wednesday that its unit Cerved Group completed the acquisition of F&P-BI, the business information branch of Fox & Parker .F&P-BI is specialized in the development of value-added sectorial payment records, data integration services with proprietary IT systems, and tailored commercial information, for corporate clients.  Full Article

Cerved H1 net profit up to EUR 24.0 mln
Thursday, 28 Jul 2016 

Cerved Information Solutions Spa : H1 revenues 187.8 million euros ($208.42 million) versus 177.6 million euros a year ago . H1 net profit 24.0 million euros versus 16.4 million euros a year ago . H1 adjusted net income (excluding non-recurring items) 44.0 million euros, up 30.1 percent .compared to 33.9 million euros in H1 2015.  Full Article

Cerved Information Solutions unit buys 55 pct stake in Major 1
Monday, 25 Jul 2016 

Cerved Information Solutions SpA : Subsidiary Cerved Group completes the acquisition of a 55 percent stake in Major 1 .Acquisition of the residual stake in Major 1 will be subject to a put & call mechanism exercisable following the approval of the financial results in 2016, 2017 and 2018.  Full Article

Italy - Factors to watch on May 21

The following factors could affect Italian markets on Monday.