(Finance) – Redfish Longerm Capital (RFLTC), holding of industrial participations listed on Euronext Growth Milan, closed the 2024 with consolidated revenues equal to 51.20 million euros, with one significant growth Compared to the same period of the previous year, which had recorded consolidated revenues of 18.8 million thanks to the growth strategy created by the company. The increase is mainly attributable to the consolidation of turnover relating to the period January – December 2024 of Mover (equal to a total of 26.09 million), a company whose entire share capital was acquired in April 2023 through Rail Fish, a corporate vehicle of which Rfltc holds 100% of the share capital, therefore included only for seven months in the area of consolidation of the year 2023.
At the level of consolidated, always at 31 December 2024, the company is also present in the perimeter Six Italia – Company controlled by MoVinter, which holds 75% of its share capital, whose acquisition was perfected in February 2024, which made a total turnover of 14.05 million. In June 2024, the Movinto consolidation perimeter and the MoVinter Group further expanded through the improvement of the acquisition of 100% of the SAIEP, which made a turnover at 31 December 2024 of 10.83 million. As for 0.22 million, they refer to the company’s revenues.
THE Pro-form consolidated revenues As of 31 December 2024, they are 62.24 million euros and take into account the consolidation of the movement of MoVinter (for about 26.09 million) and that of the two companies acquired during 2024, Six Italia (for about 16.06 millions) and SAIEP (for about 19.90 million), with effect from 1 January 2024 in order to retroactively represent the economic effects of these acquisitions, in addition to the revenues of the company.
THE Like4like consolidated revenues As of 31 December 2023, which retrodat the effects of the acquisition of MoVinter, Six Italia and Siep, as if they had occurred as of January 1, 2023, are equal to 57.71 million euros (of which 25.96 million relative to MoVinter, 16.48 million relating to Six Italia and 15.10 million relating to SAIEP, in addition to the revenues referable to the company); The comparison with the consolidated pro-transform 2024 report reports a growth of 7.9%.
The Total backlog consolidated of Movinter together with that of its subsidiaries Six Italia and SaEp, understood as orders signed by third parties on the reference date and still to be escaped, is at 31 December 2024 equal to 83.95 million euros, of which approximately 67.7 % relating to 2025 and the remaining 32.3% to the following years.
“The numbers that characterized 2024 see a decidedly interesting movement of the Movinter group, confirming the goodness of the investment made together with the subsidiary Six Italia and Siep, which went to consolidate the growth process – commented on theTo Paolo Pescetto – Movint can now be considered a reference player in the Italian industrial segment, which is a market that must be returned to enhance starting from the Mid and Small Cap to be competitive in the long term. A Holding like ours is not expected sudden growth in the short term, often due to external and impromptu factors, but a regular and stable growth, which is the one to which the results obtained so far “.
The Board of Directors also took note and authorized the financial year by the subsidiary Rfltc Polieco, ofsale optionby virtue of which the same RFLTC Polycus has the right to give in to the TP Holding company, the participation in the IPM real estate.