MV Agusta soon listed on the stock exchange ?
The manufacturer from Varese has just announced the arrival to the post of executive vice-president of a certain Giorgio Girelli. Giovanni Castiglioni is counting on him to double sales of MV Agusta within three years, then proceed with an ” IPO ”…
Do not look for the meaning of the term "IPO" in the dictionary, it is an English acronym well known to financiers around the world (Initial Public Offering) which represents, for us French, the IPO of a society. A perilous financial transaction that the Banca Generali and its – former – boss: Giorgio Girelli were perfectly successful !
The appointment of this 53-year-old businessman as executive vice-president of MV Agusta (ciao Massimo Bordi) is therefore far from trivial. According to Giovanni Castiglioni, his arrival "on the board of directors of MV Agusta is the start of a process aimed at growth, especially in international markets with high potential".
Site readers – who, as everyone knows, are a little more fortunate than others – know that the Varese firm did not wait for the arrival of Signore Girelli to internationalize: MV Agusta already produces motorcycles in Brazil and distributes others in China (read).
"Girelli brings unique and valuable expertise to the company, coupled with a sincere passion for motorcycles and the MV brand.", adds the young, handsome and big boss of the Varese brand."Over the next three years, we can aim for a doubling of turnover and ensure a solid structure for our capital.".
Still in the medium term, Castiglioni Junior plans above all to list his company on the stock market. To curry favor – the pennies! – investors, MV Agusta is already preparing the ground and concludes the announcement of the appointment of Giorgio Girelli with some key figures and information…
We learn that in 2012, "MV Agusta experienced strong growth, both in terms of turnover (+ 86.5%) and income (+ 49.5%) thanks to the development of the product range and the introduction of the new platform. 3-cylinder form with the F3 675 and Brutale 675 models".
"In 2013", continues the Italian firm,"the company continued to post double-digit growth, supported by a strengthening of the 3-cylinder range with the introduction of the Brutale 800 and F3 800, as well as the arrival of the new 4-cylinder F4 and Brutale 1090".
"In addition, during the third quarter of 2013, the Rivale 800 will go into production", foresees MV Agusta who does not forget to indicate the
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