Edition:
United Kingdom

Cerved Information Solutions SpA (CERV.MI)

CERV.MI on Milan Stock Exchange

10.43EUR
14 Dec 2017
Change (% chg)

€-0.07 (-0.67%)
Prev Close
€10.50
Open
€10.47
Day's High
€10.48
Day's Low
€10.35
Volume
391,296
Avg. Vol
322,891
52-wk High
€11.20
52-wk Low
€7.51

Latest Key Developments (Source: Significant Developments)

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

Cerved Credit Management to manage EUR 1 bln portfolio of performing consumer loans
Wednesday, 8 Jun 2016 

Cerved Information Solutions Spa : Cerved Credit Management signed agreement to manage former Accedo SpA portfolio of performing consumer loans of about 1 billion euros ($1.14 billion) .Accedo SpA is a fully owned subsidiary of the Intesa Sanpaolo group focused on consumer lending.  Full Article

Cerved Information Solutions gives 2016-2018 guidance
Tuesday, 10 May 2016 

Cerved Information Solutions SpA :Sees EBITDA growth targets for 2016-2018 in the range of a minimum of +4.0 percent and a maximum of +7.5 percent, of which organic growth is expected between +2.5% and +4.5%.  Full Article

Cerved Information Solutions SpA unit signs agreement with BHW Bausparkasse for management of NPLs in Italy
Thursday, 31 Mar 2016 

Cerved Information Solutions SpA:Italian branch of BHW Bausparkasse AG (BBW-IT) and unit Cerved Credit Management SpA (CCM) sign an agreement for the development of an industrial partnership in the management of non-performing loans(NPLs) originated by BHW-IT in the Italian territory.Transaction regards the disposal by BHW-IT of its branch which manages non-performing loans, with such branch being acquired by CCM.At the same time the parties signed a multi-year servicing contract pursuant to which the portfolio of NPLs worth about 230 million euros originated by BHW-IT will be managed by CCM on an outsourced basis.Servicing contract envisages the management on an outsourced basis of the current stock of NPLs as well as the inflow of NPLs which will be generated in the future.BHW Bausparkasse AG is a part of he German banking group Deutsche Postbank AG owned in 100 percent by Deutsche Bank.  Full Article

Cerved Information Solutions SpA proposes FY 2015 dividend
Wednesday, 16 Mar 2016 

Cerved Information Solutions SpA:Proposes dividend of 0.23 euro per share‍​.  Full Article

Debt collector Intrum's upbeat profit target lifts shares

STOCKHOLM, Dec 7 Sweden's Intrum Justitia , Europe's biggest debt collector, lifted its shares on Thursday by confirming a preliminary profit growth target for the group formed by its acquisition of Norwegian peer Lindorff.