Biesse, Stefano Porcellini: 0.36 dividend coupon proposed; aggressive, credible plan
On 25 February MilanoFinanza.it, an authoritative internet source in the Business & Finance sector, published an article on the presentation of Biesse Group's business plan by the General Manager, Stefano Porcellini.
The article summarises the "recipe" for Biesse's future growth, which, as stated by Stefano Porcellini, is based on three key pillars: constant product innovation, a capillary sales network and, finally, a strong focus on cash flow.
The General Manager also stressed the Group's recent activity in terms of sales and marketing investment, profit growth and the considerable debt reduction achieved in 2014, which make the plan's forecast completely credible.
The interview ends by touching on the prospect of a 36 cent dividend being discussed at the next Meeting of the Board of Directors, and specifying the dates for the presentation of the business plan also in Paris, London and again in Milan, at the Star event.
See also the article:“Biesse: Porcellini; cedola a 0,36 euro e no M&A, piano credibile”
published on Milanofinanza.it on 25 February 2014
by Marco Fusi of MF-Dowjones.
2013-2015 Biesse share price trend