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Azimut Holding S.p.A. (0MHJ.IL)
| Previous close | 22.78 |
| Open | 0.00 |
| Bid | 22.22 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 0.00 - 0.00 |
| 52-week range | |
| Volume | |
| Avg. volume | 51,814 |
| Market cap | 3.28B |
| Beta (5Y monthly) | 1.53 |
| PE ratio (TTM) | 7.44 |
| EPS (TTM) | 3.05 |
| Earnings date | 01 Aug 2024 |
| Forward dividend & yield | 1.30 (6.57%) |
| Ex-dividend date | 22 May 2023 |
| 1y target est | N/A |
- Reuters
Italy's Azimut eyes partner for planned fintech bank
Italian asset manager Azimut Holding set out plans on Thursday to spin off part of its network of financial advisers and merge it into a new digital bank, adding it was looking at outside investors taking a stake of up to 50% in the new unit. Azimut said the plan was to list the business within the next 6-9 months in a move that would boost the value of their investment for existing shareholders. Presenting the plan, Chairman Pietro Giuliani said it had already drawn interest from banks who might want to invest.
- Reuters SG
Swiss group Sygnum raises over $40 mln to fund expansion
Swiss digital asset group Sygnum said on Thursday it has raised more than $40 million in its latest funding round to finance its expansion into new geographical markets and accelerate product development. Italian asset management group Azimut Holding led the investment in the round, which values Sygnum at $900 million, it said in a statement. Sygnum's assets stood at over $4 billion, with a client base of over 1,700 from more than 60 countries, it said.
- Reuters
Azimut sees slightly higher 2024 net inflows as UniCredit deal advances
With total assets of 90.8 billion euros at the end of December, Azimut stuck to a 500 million euro profit goal for 2024. It expects 2023 adjusted net profit to have come in at between 445 million and 455 million euros, broadly in line with its 450 million target. Net inflows in 2023 totalled 6.9 billion euros, in the middle of Azimut's 6-8 billion target range, and they will top 7 billion euros this year, "also thanks to partnerships", it said.
