22nd listing of 2023 on Euronext Growth Milan
43rd listing on Euronext in 2023
Total placement volume of the offering equal to €6 million
Milan – 09 August 2023 – Borsa Italiana, part of the Euronext Group, today congratulates La Sia S.p.A. on its listing on Euronext Growth Milan.
La Sia S.p.A. operates in the engineering and design sector, specialising in the design of critical infrastructures in the areas of telecommunications, civil construction, mobility infrastructure and energy plants, through the use of state-of-the-art technologies and specific know-how.
La Sia S.p.A. represents the twenty-second listing on Borsa Italiana’s market dedicated to small and medium-sized companies. La Sia S.p.A. is the forty-third listing of the year on Euronext.
In the placement phase La Sia S.p.A. raised €6 million. The free float at the time of admission was 29.41% and the market capitalisation at IPO was €20.4 million.
Maurizio Ciardi, Chairman and CEO of La Sia S.p.A., said: "Tendency to innovation, organisational structure and goal orientation are the pillars on which we have founded our history, and which guide our activities and growth projects. The design of critical infrastructure and sustainable living spaces with innovative techniques represents the real expression of our vision. The resilience of our values and the quality of our industrial project made us strategic partners for our stakeholders over time, allowing us, among other things, to achieve remarkable economic results. During 2022, we achieved a value of production of more than 15 million euros with an EBITDA margin of more than 22%, driven by a 36% growth in turnover over the last two years. The listing represents a turning point for us to accelerate our strategic path, investing in new technologies, research projects, and growth opportunities by external lines."
Caption: Maurizio Ciardi, Chairman and CEO of La Sia S.p.A., rang the bell during the market open ceremony this morning to celebrate the Initial Public Offering of the company.