(Finance) – Simon, an Italian company active in the publishing field in Italy, has been listed on Piazza Affari to accelerate its growth path, also thanks to the development of the IT area, in order to expand the offer and get even closer to the digital native generations . “For us it was essential to reach the market and propose our business modelwhich manages to combine what is a traditional sector such as the publishing sector with what is the digital world, exploiting all its potential”, he told Finance Luca Misso, CEO by Simone.
“The path to listing was exciting and very challengingbut we knew we had great potential, we are demonstrating it and I am convinced that we will be able to demonstrate it in the future too”, he added on the sidelines of the listing ceremony at Palazzo Mezzanotte.
Simone stands out for his large amount of highly specialized content that prints, develops, publishes, promotes and sells. Thanks to its brands, it offers study manuals for public competitions, for professional qualifications, for university entrance exams and teaching in schools, in the legal field and a selection of children’s books.
The objectives to be pursued thanks to the listing are “first of all to continue in strengthen our market position on what is our core businessbut also the implementation of everything that is IT and all the infrastructure that will allow us to be ever closer to the world of digital natives”, said Misso.
Simone represents the thirty-third admission since the beginning of the year on Euronext Growth Milan (EGM), the Italian Stock Exchange market dedicated to SMEs with high growth potential, and the sixty-third listing of 2023 on Euronext.
Simone is in the placement phase raised 3 million euros, excluding the potential exercise of the over-allotment option. In the event of full exercise of the over-allotment option, the total amount raised will be approximately 3.15 million euros.
“For us the 2023 was an exceptional year because in fact it was the first year in which Simone had the opportunity to define itself as a group – explained Misso – We have already seen the results of the acquisitions made between 2022 and 2023 and therefore we are extremely satisfied. I think we managed to end this year in the best way possible.”
Looking to the future, the CEO states that “naturally we already have a growth program, but naturally now with the resources of the IPO we imagine we can go beyond the results we had already anticipated before closing this journey.