Identification

Instrument name
VIMI FASTENERS
Symbol
VIM
ISIN code
IT0004717200
Code LEI
81560006A51B4674D589
Exchange / Market
Euronext Growth
Trading location
Milan
ICB
50204000 Machinery: Industrial

Operation

IPO date
Thu 02/08/2018
IPO price
EUR 3.40
IPO type
Initial Public offering
Capital raised
EUR 11.28 million

Company profile

Vimi Fasteners S.p.A. specialises in the manufacture and marketing of fasteners and mechanical components for the automotive, industrial engine, agricultural infrastructure, oil and gas and renewable energy sectors. Products include cylinder head screws, cap screws, connecting rod screws, high strength screws, studs, turbocharger screws and shafts, pins, wheel hubs, etc. Net sales break down by market into industry (39%), automotive (35%), energy (12%), sports cars (8%), oil and gas (4%) and infrastructure (2%). At the end of 2023, the group had 3 production sites located in Italy. Net sales are distributed geographically as follows: Italy (27.9%), European Union (44.6%), Europe (6.2%), the United States and Canada (13.6%) and other (7.7%).

Source: Cofisem - Last Update: 21 Nov 2024
Key Executives
Chief Executive Officer Marco Sargenti
Source: Cofisem - Last Update: 21 Nov 2024
Key figures
Millenium 2023 2022 2021 2020 2019
Net sales 59.169 52.191 45.457 37.643 46.304
Income from ordinary activities 59.169 52.191 45.457 37.643 46.304
Operating income 2.998 2.313 2.617 -332 -156
Cost of financial indebtedness net 1.005 247 432 419 406
Equity-accounted companies contribution to income 0 0
Net profit from discontinued activities 0 0
Net income 1.958 1.745 2.088 -255 1.121
Net income (Group share) 1.958 1.745 2.088 -255 1.121
Fiscal year end 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Length of fiscal year (month) 12 12 12 12 12
Currency & Unit EUR - thousands EUR - thousands EUR - thousands EUR - thousands EUR - thousands
Account Standards IFRS IFRS IFRS IFRS IFRS
Source: Cofisem - Last Update: 21 Nov 2024
Shareholder information
Astork S.r.l. 23,53 %
Finregg S.p.A. 55,16 %
Source: Cofisem - Last Update: 21 Nov 2024