Italian Wine Brands celebrates 10 years on the stock exchange: a decade of growth and global leadership in the wine sector

Italian Wine Brands celebrates 10 years on the stock

(Finance) – The iWB projectled by President and CEO Alessandro Mutinelli and supported by Electa Ventures by Simone Strocchihas focused on the aggregation of vinical realities of excellence from the beginning, creating an innovative industrial model in a physiologically fragmented market. From debut on the market in 2015, the title Italian Wine Brands he recorded one value growth equal to about the 130%passing from 10 euros per share at the time of the price for over 22 euros today. At the same time, market capitalization grew from the approximately 60 million euros on the IPO day, to over 210 million current, confirming the solidity of the group and the appreciation of investors. Today, with over 70% of floating, IWB represents a real public company, with thousands of shareholders, including private citizens and Italian and foreign institutional investors.

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To celebrate this goal, the shareholders’ meeting has approved an extraordinary dividend of 0.5 euros per sharea gesture that underlines the value created for investors over the years. In addition, IWB has decided to reward its employees with an extraordinary bonus of 1,000 euros each, recognizing their contribution to the growth of the group.

IWB is not only a financial success story, but also an example of how the Finance can support the creation of industrial excellence. Through a careful strategy of acquisitions, the group has aggregated seven wineries, including Giordano Vini, Provinco, spinning and barbanera, always involving the founders and families of the realities acquired. This growth strategy has allowed the group to sell 160 million bottles per year, equal to over 430,000 every day, in more than 90 countries in 5 different continents.

“We kept the promise made at the time of the listing: that of becoming an aggregator in the frady world of Italian wine,” he said Alessandro Mutinelli, President and CEO of IWB “To compete with equal arms with the main world competitors. And we have also kept the promise with our shareholders, multiplying the capitalization of the stock exchange. Our journey, however, is not over, there are still many paths to explore, which we will face with competence, enthusiasm and desire to arrive “.

Simone Strocchi, councilor of IWB and promoter of the listing operation, instead underlined the importance and success of the brand’s business model: “IWB is today an important reality, an investment opportunity for all those who want to share its growth and is an illuminating example For the formation of new industry champions in different sectors, who intend to be promoters of aggregation of districts and chains of Italian excellence “. With regard to the new challenges presented by a market that sees the emergence of new trends in this period, primarily linked to low alcohol and alcohol free products, Strocchi said: “Being a creator of excellence, Italian Wine Brands has a capacity to Very high adaptation to the new needs of the market, and it will be able, as it is already doing, to also represent these new products that respond to a precise need for consumers “.

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