Italian Sea Group S.p.a. MIL:TISG
Italian Sea S p A : Periodic Financial Information as at 30 September 2024
Source: MarketScreener
PERIODIC FINANCIAL INFORMATION
AS AT 30 SEPTEMBER 2024
EXECUTIVE SUMMARY | |
INTRODUCTION | 5 |
SUMMARY & GENERAL INFORMATION | 6 |
CORPORATE AND CONTROL BODIES | 7 |
BOARD OF DIRECTORS | 7 |
CONTROL, RISK, SUSTAINABILITY & RELATED PARTIES COMMITTEE | 8 |
APPOINTMENT AND REMUNERATION COMMITTEE | 8 |
BOARD OF STATUTORY AUDITORS | 8 |
SUPERVISORY BODY PURSUANT TO LEGISLATIVE DECREE 231/01 | 8 |
GROUP PROFILE AND STRUCTURE | 10 |
SHAREHOLDING STRUCTURE | 11 |
BRIEF HISTORY OF THE GROUP | 16 |
BUSINESS OUTLOOK | 18 |
METHODOLOGICAL INTRODUCTION | 20 |
RECLASSIFIED CONSOLIDATED INCOME STATEMENT | 20 |
OPERATING REVENUES | 21 |
CONSOLIDATED EBITDA | 25 |
EBIT | 26 |
BACKLOG | 26 |
CONSOLIDATED RECLASSIFIED STATEMENT OF FINANCIAL POSITION | 28 |
CONSOLIDATED NET FINANCIAL POSITION | 29 |
ALTERNATIVE PERFORMANCE INDICATORS ("NON-GAAP MEASURES") | 31 |
SIGNIFICANT EVENTS OCCURRED DURING THE PERIOD | 36 |
SIGNIFICANT EVENTS AFTER 30 SEPTEMBER 2024 | 39 |
BUSINESS OUTLOOK | 40 |
RELATED PARTIES TRANSACTIONS | 43 |
RISK MANAGEMENT | 44 |
RISKS RELATED TO THE FINANCIAL SITUATION | 44 |
RISKS RELATED TO OPERATIONS | 44 |
RISKS RELATED TO THE REGULATORY FRAMEWORK OF REFERENCE | 45 |
OTHER INFORMATION | 46 |
CORPORATE GOVERNANCE | 46 |
CONSOLIDATED FINANCIAL STATEMENTS AS AT 30 SEPTEMBER 2024 | 49 |
CONSOLIDATED GROUP FINANCIAL STATEMENTS AS AT 30 SEPTEMBER 2024 | 50 |
CONSOLIDATED BALANCE SHEET | 50 |
Q3 2024 | 1 | 58 |
CONSOLIDATED INCOME STATEMENT - BY NATURE | 51 |
COMPREHENSIVE CONSOLIDATED INCOME STATEMENT - BY NATURE | 51 |
CONSOLIDATED CASH FLOW STATEMENT | 52 |
STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY | 53 |
EXPLANATORY NOTES | 54 |
Q3 2024 | 2 | 58 |
This document is an English translation from Italian.
The Italian original shall prevail in case of differences in interpretation and/or factual errors.
Q3 2024 | 3 | 58 |
PERIODIC FINANCIAL
INFORMATION AS AT 30 SEPTEMBER 2024
DRAFTED ACCORDING TO THE IAS/IFRS ACCOUNTING
PRINCIPLES. VALUES IN THOUSANDS OF EUROS
Q3 2024 | 4 | 58 |
INTRODUCTION
This periodic financial information as at 30 September 2024 was approved by the Board of Directors of the Company on 12
November 2024 and has not been audited, as it is not required by current regulations. The Italian Sea Group S.p.A., as company listed on Euronext STAR Milan segment of the Italian Stock Exchange, is subject to the provisions of Article 2.2.3 of the Stock Exchange Regulations. On the basis of such regulations, the Company has prepared the Periodic Financial Information as at 30 September 2024, which it makes available to the public. This report on operations must be read together with the condensed consolidated financial statements and the related notes.
Q3 2024 | 5 | 58 |
SUMMARY & GENERAL INFORMATION
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Name: The Italian Sea Group S.p.A. ("TISG S.p.A.")
Registered office: Viale Cristoforo Colombo, 4-bis, 54033 Marina di Carrara (MS)
Tax Code: 00096320452
Number of registration in the Register of Companies of Carrara - Economic and Administrative Index: no. 65218
Q3 2024 | 6 | 58 |
CORPORATE AND CONTROL BODIES
BOARD OF DIRECTORS
The board of Directors of TISG will be in office until the approval of the Annual Financial Statements as at 31 December 2025.
Simona Del Re | Giovanni Costantino |
Chairwoman | Chief Executive Officer |
In office until November 12, 2024 |
Marco Carniani | Gianmaria Costantino |
Vice Chairman | Director |
Antonella Alfonsi | Laura Angela Tadini | Fulvia Tesio |
Independent Director | Independent Director | Independent Director |
Lead Independent Director |
Q3 2024 | 7 | 58 |
CONTROL, RISK, SUSTAINABILITY & RELATED PARTIES COMMITTEE
Antonella Alfonsi | Chair |
Fulvia Tesio | Standing Member |
Laura Angela Tadini | Standing Member |
APPOINTMENT AND REMUNERATION COMMITTEE
Fulvia Tesio | Chair |
Antonella Alfonsi | Standing Member |
Laura Angela Tadini | Standing Member |
BOARD OF STATUTORY AUDITORS
Alfredo Pascolin | Chair |
Barbara Bortolotti | Standing Auditor |
Felice Simbolo | Standing Auditor |
Sofia Rampolla | Alternate Auditor |
Roberto Scialdone | Alternate Auditor |
SUPERVISORY BODY PURSUANT TO LEGISLATIVE DECREE 231/01
Annalisa De Vivo | Chair |
Carlo De Luca | Member |
Felice Simbolo | Member |
INDIPENDENT AUDITORS | BDO Italia S.p.A |
MANAGER RESPONSIBLE FOR PREPARING FINANCIAL REPORTS
Marco Carniani
Q3 2024 | 8 | 58 |
Q3 2024 | 9 | 58 |