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biesse spa (BSS) Details

Biesse S.p.A. designs, manufactures, and markets a range of products and solutions for joiners and large furniture, windows, doors, and wood building components manufacturers in Western Europe, the Asia-Pacific, Eastern Europe, North America, and internationally. It operates through five segments: Wood, Glass & Stone, Mechatronics, Tooling, and Components. The Wood segment engages in the production, distribution, installation, and after-sales service of panel processing machines and systems. The Glass & Stone segment is involved in the production, distribution, installation, and after-sales service of glass and stone processing machines. The Mechatronics segment produces and distributes industrial mechanical and electronic components. The Tooling segment produces and distributes glass and stone processing tools for various machines on the market. The Components segment produces and distributes other components related to additional precision processing. Biesse S.p.A. offers its products under the Biesse, Intermac, BUSETTI, and Diamut brands. The company was founded in 1969 and is headquartered in Pesaro, Italy. Biesse S.p.A. is a subsidiary of Bi.Fin S.r.l.

4,410 Employees
Last Reported Date: 05/20/19
Founded in 1969

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Executives, Board Directors

biesse spa
Biesse S.p.A. Revises Earnings Guidance for Fiscal 2019

The Board of Directors of Biesse S.p.A. intends to rectify the guidance for the Fiscal Year 2019 lowering the forecast for consolidated sales and margins. Given that the actual demand volatility is making extremely aleatory any estimate, the consolidated sales are - at present - expected to be in a range of EUR 680 million to EUR 690 million. The Group is anyway forecasting for the current year, despite the revision above mentioned, a positive Net Financial Position.

Biesse S.P.A. Reports Earnings Results for the First Quarter Ended March 31, 2019

Biesse S.P.A. Announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was EUR 169.017 million compared to EUR 162.327 million a year ago. Operating income was EUR 10.179 million compared to EUR 13.939 million a year ago. Net income was EUR 5.590 million compared to EUR 8.063 million a year ago.

Biesse S.p.A., Annual General Meeting, Apr 29, 2019

Biesse S.p.A., Annual General Meeting, Apr 29, 2019, at 09:00 Central European Standard Time. Location: Pesaro Via della Meccanica 16 Pesaro Italy Agenda: To consider the Approval of the Financial Statements for the financial year to 31 December 2018; to consider allocation of the results for the 2018 financial year of Biesse S.p.A.; to consider board changes; and to consider approval of the Remuneration Policy of Biesse Group.

 

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Price/Cash Flow 4.4x
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