Identification

Listing sponsor / Agent
EnVent Capital Markets
Symbol
RES
ISIN code
IT0005543613
Code LEI
815600E62E0F90F1EB81
Exchange / Market
Euronext Growth
Trading location
Milan
ICB
65103035 Waste and Disposal Services
Website address
https://www.recuperoeticosostenibile.it/

Operation

IPO date
Do. 04/05/2023
IPO price
EUR 4.00
IPO type
Private placement

Company profile

Recupero Etico Sostenibile S.p.A. is specialized in waste management services. The group provides industrial recycling and disposal of urban waste, through sorting, collection, transport and treatment operations, up to their energy recovery and the production of eco-sustainable clothing. In addition, Recupero Etico Sostenibile S.p.A. is developing a renewable energy production. Net sales break down by activity as follows:
  • management and disposal services for municipal and special non-hazardous waste (91.5%): mechanical-biological treatment (56.2% of net sales), disposal (23.4%), sorting and collection (20.2%) and composting (0.2%);
  • sale of recyclable materials (8.3%): plastics, glass, paper, cartons and metals recovered from mechanical-biological treatment and waste sorting plants;
  • sale of solar energy and biogas (0.2%).

Source: Cofisem - Last Update: 31 Oct 2024
Key Executives
Chief Executive Officer Antonio Valerio (1973)
Head of Investor Relations Nicola Pirolo
Source: Cofisem - Last Update: 31 Oct 2024
Key figures
Millenium 2023 2022 2021
Net sales 19.183 21.637 15.410
Consumed purchases 1.024 1.591 1,15
Labour costs 2.097 4.898 2.047
Operating profit 3.107 326 2,17
Income tax 819 229 554
Net income 2.034 1 1.515
Net income (Group share) 2.034 1 1,51
Fiscal year end 2023-12-31 2022-12-31 2021-12-31
Length of fiscal year (month) 12 12 12
Currency & Unit EUR - thousands EUR - thousands EUR - thousands
Account Standards Local GAAP Local GAAP Local GAAP
Source: Cofisem - Last Update: 31 Oct 2024
Shareholder information
Maria Valerio 4,27 %
Antonio Valerio (1972) 4,27 %
Antonio Valerio (1973) 11,81 %
Serena Vespoli 0,79 %
A.A.V. Srl 15,42 %
A.L.V. Srl 26,77 %
Free float 13,81 %
Invitalia S.p.A. 7,44 %
M.V. Srl 15,42 %
Source: Cofisem - Last Update: 31 Oct 2024