Retelit will partecipate in the Virtual STAR Conference 2021
Retelit S.p.A. (MTA: LIT.MI), Italian leader in fiber optic infrastructure and digital transformation projects, listed on the MTA - STAR segment, will participate on March 24 in the VIRTUAL STAR Conference 2021, Spring Edition.
The event, organized by Borsa Italiana, is dedicated to companies listed on the STAR segment to present their results and future prospects, to analysts and to Italian and international investors interested in the excellence of Italian companies. For this edition, the meetings will be organized in virtual mode, allowing listed companies to meet remotely, in one-to-one mode or in small groups.
The event will be attended by Chairman Dario Pardi and CEO Federico Protto, CFO Mirko Endrizzi, Head of Business Development & Group Controller Marco Calzolari and IR Advisor Vincenza Colucci.
On this occasion, Retelit's Management will present the positive results achieved in 2020, which consolidate the results of Gruppo PA, which entered the scope from January 1, 2020 following the acquisition on January 14, 2020, and the second-half results of Brennercom, acquired on July 30, 2020. 2020 saw an improvement in the main economic and financial indicators, with value of production at €165.2 million compared to €83.0 million in the same period of the previous year.
Federico Protto, CEO of Retelit Group, commented: "The Virtual STAR Conference event will be an opportunity to present to national and international investors the positive 2020 results achieved by Retelit and of which we are very proud. In this context we will also report the future prospects which, as we communicated to the market on the occasion of the approval of the FY2020, foresee a growth of all economic and financial indicators and incorporate the significant synergies resulting from the integration of PA Group and Brennercom. Finally, it will also be an opportunity to present to the market the 2021-2025 Business Plan which includes, in the current strategy, the further thrust of the acquisitions of PA Group and Brennercom, which are important growth factors, both in terms of volume and margins".