On the Ftse Star in Piazza Affari there are two superstars that make + 200% Ytd

The two titles featured in this 2019

The Star index, composed of securities called to comply with particular requirements in terms of transparency, liquidity and corporate governance, has within it testimonials that this year are putting particular emphasis on. If on the Ftse Mib stands the three-figure performance of Azimut (+ 135% Ytd), among the Stars of Piazza Affari there are those who are managing to do much better, reaching + 200% from the beginning of the year. This is the case of Eurotech, which today has managed to earn over 8% by grabbing the 10 euro psychological threshold in the intraday, touching the maximum since 2006.

The numbers of Eurotech and Digital Bros

The Friulian multinational company designs, develops and supplies Edge Computers and solutions for the Internet of Things (IoT) complete with services, software and hardware for system integrators and companies. The group led by Roberto Siagri announced Wednesday the figures for the first nine months of 2019 which confirm a growth in turnover of over 30%, which derives from the orders collected in the last 18 months. Combining this growth with the improvement of the first margin, due to the mix of products sold, and including a slight increase in operating costs in support of strategic activities, an ebitda value of more than 20% of revenues was reached. The turnover of Euro 79.6 million, already in these nine months of 2019, is higher than the turnover achieved in the twelve months of 2018. This revenue increase was mainly contributed by the American and European geographical areas, which grew respectively by 71.3 % and 56.9% compared to the first nine months of 2018. “We are satisfied with the growth in revenues and margins that we have been able to express for two years now. We therefore look forward to the fourth quarter and are already working for create the basis for a further expansion phase in the medium to long term"Said Siagri.
However, Eurotech has to deal with another title to win the sprint for the title of best title 2019. The contender is Digital Bros, a global company active in the development, edition and distribution of content of game entertainment. To date Digital Bros marks + 199% Ytd and even in this case the numbers of the income statement support the optimism on the stock exchange. Consolidated gross revenues in the first nine months of 2019 amounted to € 38.5 million, more than doubled compared to € 17.4 million recorded at 30 September 2018. The gross operating margin amounted to € 5.3 million, up compared to 1, 2 million recorded at 30 September 2018. Net profit was 2.9 million from the net loss of 606 thousand euros recorded at 30 September 2018.