Brief: Sesa, Centrico Sign Strategic Partnership For Technology Solutions In Italy

Sesa SpA

13/10/2022 10:08

Oct 13 (Reuters) - Sesa SpA  SES.MI :
    * SIGNS STRATEGIC PARTNERSHIP WITH CENTRICO  FOR TECHNOLOGY
SOLUTIONS  FOR ITALIAN FINANCIAL SERVICES INDUSTRY
    * DEAL WILL LEAD TO CREATION OF SESA UNIT BDY, SELLA UNIT
NIVOLA
    * SEES ADDITIONAL REVENUES FOR ABOUT EUR 20 MILLION, DOUBLE
DIGIT
EBITDA MARGIN IN 1ST YEAR OF OPERATION, WITH A TARGET OF EUR 60
MILLION IN 5TH YEAR
    * SEES ANNUAL REVENUES IN BUSINESS SERVICES SECTOR OF ABOUT
EUR
100 MILLION IN FISCAL YEAR AS OF APRIL 30, 2023, RESULTING FROM
THE DEAL
    * DEAL EXECUTION IS EXPECTED IN Q1 2023

Further company coverage:  SES.MI 
 (Gdansk Newsroom)
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