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Place de cotation: Italian Stock Exchange

Biesse SpA is an Italy-based company that produces machinery and systems for processing wood, glass and marble. It divides its activities in four divisions. The Wood division develops and produces machinery for the furniture and carpentry industry, and offers a full range of solutions covering the entire industrial processing cycle for wood, wood derivatives, composite materials and non-ferrous alloys. The Glass and Stone division produces working tools intended for glassworks and the furniture and furnishings industry. The Mechatronics division designs and manufactures mechanical and electronical components for industrial use. The other division manufactures and distributes precision utensils and packing machines. The Company has 24 subsidiaries, including Biesse America Inc, Biesse Asia Pte Ltd, Biesse Group France Sarl, Biesse Group Deutschland Gmbh, Biesse Group New Zealand Ltd, among others. 

http://www.biesse.com



28/02/2017 APPROVED THE NEW THREE YEARS BUSINESS PLAN 2017-2019 (PDF)

Pesaro, 28 February 2017 - The Board of Directors of Biesse S.p.A. - a company listed in the STAR segment of the Italian
Stock Exchange, FTSE IT MID CAP- has today approved an updated Group industrial plan for the three year period 2017-
2019.
On the basis of the initiatives contained in the aforementioned plan and an evaluation of the current international macroeconomic
climate the Biesse Group expects to achieve the following results for the period covered by the plan:
• Growth in Consolidated Net Revenues with organic CAGR - over the three year period
- of 10.1% (revenues of more than Euro 825 million expected in 2019)
• Increase in Value Added with a three year CAGR of 11.3% (to reach a record 42.1% of
revenues in 2019)
• Increase in operating profitability:
 Ebitda three year CAGR of 11.6%
 Ebit three year CAGR of 12.5%
• positive free cashflow totalling Euro 69 million in the three year period 2017-2019
(free cashflow margin of 4.5% in 2019) post investments and expected dividend payments

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