Siti B&T Group SpA

Siti B&T Group SpA is an Italy-based company engaged in the ceramics machinery and equipment industry. The Company produces plants for the ceramic tile manufacturers and sanitary ware industries, as well as automated logistics solutions, such as agitators for slip, stirrers for glazes, atomizers, driers, furnaces, roller kilns, belt mills and mills for glazes, as well as pelletizes, among others.

Siti B&T Group4 months ago

SITI B&T Group S.p.A., ha firmato il contratto di acquisto del 75% delle quote della società Diatex S.p.A. di Villaverla (VI), attiva nella produzione di utensili diamantati per la lavorazione lapidea e della ceramica.

Leggi di più...

https://t.co/5G3tvX12Io

Siti B&T Group6 months ago

MASTER TECNICO COMMERCIALE organizzato da SITI B&T in collaborazione con Randstad.

Candidati subito su questo link

https://t.co/5Q0913evgn https://t.co/wea4Silrp4

Siti B&T Group7 months ago

Anche @MilanoFinanza si è interessata al convegno per il cinquantesimo del Dipartimento di Economia Marco Biagi, nel quale Fabio #Tarozzi è stato relatore.

#DEMB #UNIMORE https://t.co/SCgWKYSfSD

Siti B&T Group7 months ago

02 Aprile 2019 - Fabio Tarozzi relatore al convegno promosso da UNIMORE dal titolo "L'apertura internazionale dell'economia locale: il contributo del Dipartimento di Economia Marco Biagi." #Unimore #MarcoBiagi #DEMB

https://t.co/EEnc1fCqLN

Siti B&T Group7 months ago

In contrast to the preliminary results published by #Acimac which estimate a 4.4% fall in the sector, the @SitiBTGroup1 posted growth in 2018 > https://t.co/xPmH3JTUCU

Siti B&T Group9 months ago

#Projecta Engineering presents EVO DRY FIX at @indianceramics 2019. Come and visit us! Hall 10 - booth C171

#india #digitaldecoration #ceramics #digitaldesign

Full List of Officers

Fabio Tarozzi
Chairman of the Board, Chief Executive Officer

Claudio Forlani
Chief Financial Officer, Director, Investor Relations Manager

Stefano Baraldi
General Manager
Start date: 2018-1-29

Marco Tarozzi
Executive Director, Director of Sales
Start date: 2014--

Juan Antonio Cavilla
Director of Sales

Federico Palmieri
Director

Giovanni Barbanti
Independent Director

Gianfranco Buschini
Independent Director

Mario Pagani
Independent Director

Date of incorporation
Country of incorporation ITA
Phone +39 06 69397030
Fax +39 03 31789141
Investor relations contact

+39 05 9446111

Free float 12531540
Security description Common Stock
Main venue Italian SE (Mercato Continuo Italia)
Ticker at main venue SITI
Location

Via Prampolini, 18
41043 FORMIGINE

Share price
/
 
Earnings per share
=
10.18
(
 
Share price
x
 
Shares
+
 
Net debt
) /
 
EBIT
=
INF
Price
x
 
Shares
/
 
Net Sales
=
0.31
(
 
Share price
x
 
Shares
+
 
Net debt
) /
 
Net sales
=
0.6
Price
x
 
Shares
/
 
Own capital
=
0.32
Earnings per share
x
 
Shares
/
 
Own capital
=
0.03%
Dividend per share
/
 
Price
=
-0.04%
2017 2016 2015 2014 2013
Income statement
Revenue 203.33 187.57 171.47 119.17 129.96
Other Revenue, Total
Total Revenue 203.33 187.57 171.47 119.17 129.96
Revenue Change 8.4% 9.4% 43.9% -8.3%
Cost of Revenue, Total 157.09 141.34 124.95 95.40 102.61
Gross Profit 46.23 46.23 46.52 23.78 27.34
Selling/General/Admin. Expenses, Total 36.66 33.83 32.53 19.07 18.27
EBITDA 16.21 18.77 16.97 6.00 8.65
EBITDA margin (%) 8% 10% 9.9% 5% 6.7%
Research & Development
Depreciation/Amortization 5.11 4.50 3.83 2.20 1.97
Interest Exp.(Inc.),Net-Operating, Total
Unusual Expense (Income) 0.12 -2.43 -0.05 -0.94 -0.46
Other Operating Expenses, Total -6.76 -3.93 -2.93 -0.36 0.88
Total Operating Expense 192.23 173.31 158.33 115.37 123.28
Operating Income 11.10 14.26 13.14 3.80 6.68
EBIT margin (%) 5.5% 7.6% 7.7% 3.2% 5.1%
Interest Inc.(Exp.),Net-Non-Op., Total
Gain (Loss) on Sale of Assets
Other, Net -0.51 -0.36 -0.46 0.85 -0.49
Net Income Before Taxes 8.57 12.82 11.19 3.03 4.31
Provision for Income Taxes 2.20 3.23 4.20 1.16 1.60
Net Income After Taxes 6.36 9.59 7.00 1.87 2.71
Minority Interest -1.36 -0.35 -1.34 0.00 0.00
Equity In Affiliates
U.S. GAAP Adjustment
Net Income Before Extra. Items 5.00 9.24 5.66 1.87 2.71
Total Extraordinary Items
Net Income 5.00 9.24 5.66 1.87 2.71
Total Adjustments to Net Income
Income Available to Com Excl ExtraOrd 5.00 9.24 5.66 1.87 2.71
Income Available to Com Incl ExtraOrd 5.00 9.24 5.66 1.87 2.71
Dilution Adjustment
Diluted Net Income 5.00 9.24 5.66 1.87 2.71
Diluted Weighted Average Shares 12.51 12.00 3.00 2.39 2.39
Diluted EPS Excluding ExtraOrd Items 0.40 0.77 1.89 0.78 1.13
DPS - Common Stock Primary Issue 0.00 0.00
Diluted Normalized EPS 0.41 0.62 1.87 0.54 1.01
Balance sheet
Cash
Cash & Equivalents 17.96 23.91 17.77 7.25 10.91
Short Term Investments 0.01 0.01
Cash and Short Term Investments 17.97 23.92 17.77 7.25 10.91
Accounts Receivable - Trade, Net 77.12 83.89 80.49 50.28 53.82
Total Receivables, Net 89.03 96.33 91.77 58.16 60.32
Total Inventory 89.66 82.74 63.45 43.09 34.20
Prepaid Expenses
Other Current Assets, Total 0.01 0.01 0.01
Total Current Assets 196.67 202.99 173.01 108.49 105.43
Property/Plant/Equipment, Total - Gross
Accumulated Depreciation, Total
Property/Plant/Equipment, Total - Net 10.36 11.21 10.37 3.41 2.65
Goodwill, Net
Intangibles, Net 23.31 21.99 22.27 13.27 11.97
Long Term Investments 0.06 0.09 0.32 0.32 0.56
Note Receivable - Long Term 3.70 7.27 10.56 6.96 10.70
Other Long Term Assets, Total 2.67 2.97 2.58 3.71 3.68
Total Assets 236.76 246.52 219.09 136.17 134.98
Accounts Payable 63.79 66.31 63.43 45.31 45.76
Payable/Accrued
Accrued Expenses
Notes Payable/Short Term Debt 0.00 0.00 0.00 0.00 0.00
Current Port. of LT Debt/Capital Leases 24.83 31.23 26.85 11.55 9.79
Other Current liabilities, Total 33.33 39.21 42.03 23.74 27.96
Total Current Liabilities 121.95 136.74 132.30 80.59 83.51
Long Term Debt 29.84 29.27 31.73 19.74 16.97
Capital Lease Obligations
Total Long Term Debt 29.84 29.27 31.73 19.74 16.97
Total Debt 54.67 60.49 58.57 31.29 26.76
Deferred Income Tax 0.72 0.71 0.48 0.35 0.87
Minority Interest 6.17 5.23 5.85 0.01 0.00
Other Liabilities, Total 3.72 4.24 4.18 2.53 2.62
Total Liabilities 162.40 176.19 174.53 103.21 103.98
Redeemable Preferred Stock, Total
Preferred Stock - Non Redeemable, Net
Common Stock, Total 8.97 8.95 3.00 2.39 2.39
Additional Paid-In Capital
Retained Earnings (Accumulated Deficit) 65.39 61.38 41.57 30.57 28.61
Treasury Stock - Common 0.00 0.00 0.00 0.00
ESOP Debt Guarantee
Unrealized Gain (Loss)
Other Equity, Total -0.00 0.00
Total Equity 74.36 70.33 44.57 32.96 31.00
Total Liabilities & Shareholders Equity 236.76 246.52 219.09 136.17 134.98
Total Common Shares Outstanding 12.51 12.00 3.00 2.39 2.39
Total Preferred Shares Outstanding
Tangible Book Value per Share, Common Eq 4.08 4.03 7.43 8.24 7.97
Cashflow
Net Income/Starting Line 6.36 9.59 7.00 1.87 2.71
Depreciation/Depletion 5.11 4.50 3.83 2.20 1.97
Amortization
Deferred Taxes
Non-Cash Items -0.31 -3.03 2.59 -0.69 -0.15
Changes in Working Capital -4.73 -20.07 -20.85 -7.64 18.83
Cash from Operating Activities 6.43 -9.01 -7.44 -4.25 23.36
Capital Expenditure -5.79 -6.17 -19.78 -4.27 -0.25
Other Investing Cash Flow Items, Total 0.63 3.84 0.24 0.66
Cash from Investing Activities -5.17 -2.33 -19.78 -4.03 0.40
Financing Cash Flow Items -1.48 -0.64 6.45 0.09 0.08
Total Cash Dividends Paid 0.00 -0.96
Issuance (Retirement) of Stock, Net 0.09 17.15 4.00
Issuance (Retirement) of Debt, Net -5.82 1.92 27.29 4.53 -16.38
Cash from Financing Activities -7.21 17.48 37.74 4.62 -16.30
Foreign Exchange Effects
Net Change in Cash -5.95 6.14 10.52 -3.66 7.47
Cash Interest Paid
Cash Taxes Paid
Values are in EUR and expressed in million