Stock CVG CONVERGENZE S.P.A. SOCIETÀ BENEFIT
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Company Convergenze S.p.A. Società Benefit

Equities

CVG

IT0005426215

Multiline Utilities

Market Closed - Borsa Italiana
Other stock markets
 16:44:59 05/07/2024 BST 		5-day change 1st Jan Change
1.87 EUR 0.00% Intraday chart for Convergenze S.p.A. Società Benefit +2.19% +35.51%
07-04 Merger of Positivo into Convergenze approved AN
06-14 Mib down; political instability weakens euro AN

Business Summary

Convergenze SpA SB is an Italy-base multiutility company, which provides Internet, voice, electricity and gas. It operates two business units: Telecommunication and Energy and Natural Gas. The Telecommunication business unit provides voice and data services at local, regional and national level. The Company owns an optic fiber network of more than 2850 km and more than 100 radio links. Additionally, it provides cloud services through its proprietary data center. Energy and Natural Gas provides customers with electricity from renewable sources only and natural gas. The Company is also developing a network of recharge stations for electric vehicles with a focus on the hospitality sector.

Number of employees: 89

Sales per Business

EUR in Million2022Weight2023Weight Delta
Energy
53.7 %
19 66.8 % 12 53.7 % -35.25%
Telecommunications
46.3 %
9 33.2 % 10 46.3 % +12.09%

Sales per region

EUR in Million2022Weight2023Weight Delta
Italy
100.0 %
28 100.0 % 23 100.0 % -19.52%

Managers

Managers TitleAgeSince
Rosario Pingaro CEO
 Chief Executive Officer 51 23/11/05
Carmine Malito Rebecco DFI
 Director of Finance/CFO 43 31/12/17
Antonietta Mandetta CMP
 Compliance Officer 52 31/12/07
Teresa Palladino BRD
 Director/Board Member 45 31/12/14
Luciano Malito Rebecco BRD
 Director/Board Member 72 23/11/05
Grazia Pingaro BRD
 Director/Board Member 53 23/11/05
Fabio Palladino PRN
 Corporate Officer/Principal 49 31/12/13
Marisa Sica SAM
 Sales & Marketing 45 31/12/05

Members of the board

Members of the board TitleAgeSince
Paolo Pescetto BRD
 Director/Board Member 55 15/10/20
Grazia Pingaro BRD
 Director/Board Member 53 23/11/05
Rosario Pingaro CEO
 Chief Executive Officer 51 23/11/05
Luciano Malito Rebecco BRD
 Director/Board Member 72 23/11/05
Teresa Palladino BRD
 Director/Board Member 45 31/12/14
Giancarlo Manzi BRD
 Director/Board Member 62 15/10/20
Marco Ferretti BRD
 Director/Board Member 62 15/10/20

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 7,497,509 1,737,076 ( 23.17 %) 0 23.17 %

Company contact information

Convergenze SpA Società Benefit

Via Seliano, 2

84047, Capaccio Paestum

+39 082 81 96 21 02

http://www.convergenze.it/
address Convergenze S.p.A. Società Benefit(CVG)

Sector

Utilities
Utilities
Multiline Utilities
Multiline Utilities
Other Multiline Utilities

Sales per Business

Ratings for Convergenze S.p.A. Società Benefit

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
1.87 EUR
Average target price
3.875 EUR
Spread / Average Target
+107.22%
Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

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