The top management of 15 companies listed on Piazza Affari, an expression of entrepreneurship in the North East, in particular in the Veneto region, but not only, spoke to Italian and international institutional investors today. Thus the “ONE DAY IN VENICE” reaches its fourth edition: an appointment that continues to grow and this year sees over 100 individual meetings in the lineup, as proof of a renewed interest in both financial attractiveness and share investment.
Banca IFIS, Danieli&C., Delclima, De' Longhi, Emak, Eurotech, Geox, Hera, Marr, Servizi ITALIA, Sabaf, Safilo, Save, Stefanel and Zignago Vetro spoke with investors (of which 60% Italian and 40% foreign) deepening their stories of Equity. The topics addressed during the day focused on exports, internationalization of companies and the difficulty, experienced or perceived by listed Italian companies, of having a constant dialogue with investors. This is why Banca IFIS and Mediobanca Securities propose a day in which companies can work in an ecosystem of sharing and "equity contamination" with institutional investors.
At the scenario level, it was emphasized that the trade balance recorded some recovery points: a positive sign for the European economy. This recovery was achieved even in the face of a drop in domestic consumption by four points. The share of exports is equivalent to 0.5 pti of GDP, while imports recorded a few points of reduction in GDP. In the last quarter, Italy recorded a positive trade balance of 10 billion. An important figure, of course, but it should also be emphasized that five quarters of this caliber would be needed to achieve adequate growth for 2014. There is still a lot to do in terms of reforms, but the good news is that the most recently activated ones are already giving the first signs of a good direction.
"With this fourth edition we continue to create opportunities for dialogue, discussion and meeting between listed companies and funds in the face of a need: that of finding a continuous communication channel that can allow investing in good work" underlined Giovanni Bossi, Chief Executive Officer of Banca IFIS. “It's important not to be off the radar: it's therefore crucial to create this meeting platform. We also want to bring a share of innovation and proactivity to the equity capital market, i.e. healthy work sharing, trust in suitable business models and opportunities for an ecosystem that can support the recovery of the Italian and European economy".
Fostering dialogue by building direct knowledge of companies is important for professional asset managers and money managers. The analysis of stock market indicators proves this. The panel of companies present includes issuers that have an average upward performance of over 50% over the year, which in four cases (Save, Banca IFIS, Safilo and Delclima) was around or greater than 100%.
