Report
Lucia Saluzzi

Caleffi S.p.a., 1H2017

Caleffi is one of the leading Italian players in the textile household market. The company focuses on the value-added phases of the value chain, guarantees the best quality of its products and a high positioning of its brands.

In the 1H2017 Caleffi Group registered very positive results with regards to luxury division, whereas Caleffi brands has remained stable with respect to the previous year: consolidated revenues increased 3.5% to 27.2M€, EBITDA was positive for 0.75M€.

With reference to growth drivers as well as luxury segment, direct stores and e-commerce; the focus is on the issues of health, well-being and respect for the environment, increasingly crucial in consumer choices.

Underlying
Caleffi

Caleffi SpA is an Italy-based company primarily engaged in the textile industry. The Company is active in the design, manufacture and marketing of various household textile goods, including covers and bedspreads; duvets; sheets and duvet covers; accessories for bed; sponge collection; table and kitchen items, and nightwear and home wear articles. The Company distributes its products under its own brands, such as Caleffi and Scaldotto, as well under licensed brand names, including Disney, Roberto Cavalli, Happiness and Marvel, among others. The Company is involved in the wholesale and retail activities in Italy and abroad, through a distribution channels and stores in the domestic market and internationally.

Provider
Twice Research
Twice Research

Twice Research is an independent financial analysis company focused on Small & Medium Caps Corporate Brokerage and Investment Advisory.

Twice Research supports Top Management and the ownership of broad-listed issuers, conducting periodic studies and evaluations for internal and / or public circulation through the major domestic and international financial reporting platforms (Borsa Italiana, Thomson Reuters, Bloomberg, Factset etc.) evaluates real assets (companies, projects, intangible assets, etc.) to support investment choices of Professional Investors (Institutional and HNWI) or enhancement by the holders of such assets.

The Research Team and its partner relationships network have led Twice Research to have a privileged relationship with private investors, family office, and business angels who are particularly mindful of Small & Mid Cap investment start-ups.

Analysts
Lucia Saluzzi

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