2012 closed with record numbers for Azimuth. In fact, CEO Pietro Giuliani, citing analysts' estimates, spoke of net profit of 142 million euros and revenues of 412 million. The figure for this year's coupon should also be around 50 million.
Net asset management inflows in 2012 turned out to be even better than the consensus, settling at 1,585 billion, above the upper part of the range between 1 and 1,5 billion euro. Speaking of assets, Giuliani stated that Azimut aims "to increase assets under management by 4 billion in 2013 and by another 4 billion in 2014 to reach 27 billion by the end of 2014".
A negative day today on the Stock Exchange for the Azimut stock, in physiological decline due to the profit-taking following the race in the last few sessions. In mid-afternoon the title loses 2,27% to 12,07 euros per share, placing itself at the end of the Ftse Mib.
