Chicco Testa and Franco Bernabè had discovered it when they were at the head of Rothschild Italia and were immediately convinced that Telit, an Israeli public company listed on the AIM of the London Stock Exchange, could give investors great satisfaction. Both because it has quality products and a good business model and because the CEO, the Israeli Oozi Cats, is considered a champion in his field.
The results of Telit wireless solution, which also has a strong presence in Italy where the branch based in Trieste is directed by the former president of Enel Chicco Testa, were not long in coming. Both in terms of the income statement and above all of the stock market.
Also yesterday Telit gained 3% at the Aim in London. Since the beginning of the year, the public telecommunications company has put in an impressive performance, marking an increase of 162 percent.
