SIA: New Board of Directors appointed for the three-year period 2017-2019

Milan - 18 April 2017

  • The Shareholders’ Meeting Approves the 2016 Balance Sheet and Dividend Distribution 
  • Giuliano Asperti and Massimo Arrighetti confirmed Chairman and Chief Executive Officer of the company
  • An ordinary dividend of €44.55 million, equal to €0.26 per share is distributed

SIA’s Ordinary Shareholders’ Meeting, held today under the chairmanship of Giuliano Asperti with the participation of 95.84% of the Company’s capital, approved the balance sheet for the financial year 2016, the distribution of the dividend and appointed the new Board of Directors for the three-year period 2017-2019.

The Shareholders’ Meeting decided to distribute an ordinary dividend for the financial year 2016 of €44.55 million, corresponding to €0.26 for each of the 171,343,227 shares. Said dividends will be paid starting from Monday 24 April 2017.

NEW BOARD OF DIRECTORS AND APPOINTMENTS

The Ordinary Shareholders’ Meeting of SIA also appointed the new Board of Directors - whose period in office will expire on the occasion of the approval of the 2019 balance sheet -, Giuliano Asperti as Chairman of the Company and the directors Fabio Albano (F2i SGR), Massimo Arrighetti, Alessandro Garofalo (Banca Mediolanum), Federico Giordano (Unicredit), Marco Lucchini (Cdp Equity), Barbara Poggiali (Poste Italiane), Salvatore Poloni (Banco BPM), Guido Rivolta (Cdp Equity), Marco Siracusano (Poste Italiane) and Valerio Zappalà (Orizzonte Infrastrutture Tecnologiche).

The new Board of Directors of SIA is made up of eleven members elected on the basis of lists presented by the shareholders who, individually or together with other shareholders, represent at least 4% of the company capital.

The new SIA Board of Directors, meeting immediately after the close of the Ordinary Shareholders’ Meeting, passed the appointment of Massimo Arrighetti as Chief Executive Officer, and also granted him the necessary operating powers for the management of the Company and the Group.

2016 BALANCE SHEET OF SIA

SIA’s 2016 financial year closed with revenues of €390.8 million, up by €2 million (+0.5% over 2015), EBITDA at €118.6 million, with an increase of €2.1 million (+1.8%), the operating result reached €100.8 million with an improvement of €5.4 million (+5.7%) and net profit amounted to €69.8 million, down €3.2 million (-4.4%).

In 2016, Group revenues rose to €468.2 million with a growth of €18.8 million (+4.2%) over 2015. The EBIT also increased to €104.2 million, up by €3.7 million compared to the previous year (+3.7%). The pre-tax result was a profit of €103.7 million, up by €3.1 million (+3.1%). Group net profit went up to €70.3 million, an increase of €0.5 million (+0.8%).
Consolidated normalised EBITDA, which does not take account of extraordinary events or transactions, amounts to €142.6 million compared to €130.4 million in the previous financial year (+9.4%).

The achievement of these results was made possible thanks to the quality of the solutions offered and the extremely high level of reliability in the management of “mission-critical” infrastructures, with service availability levels at the highest market standards.

SIA is European leader in the design, creation and management of technology infrastructures and services for Financial Institutions, Central Banks, Corporates and Public Administration bodies, in the areas of payments, cards, network services and capital markets. SIA Group provides its services in 46 countries, and also operates through its subsidiaries in Austria, Germany, Romania, Hungary and South Africa. The company also has branches in Belgium and the Netherlands, and representation offices in the UK and Poland.

In 2016, SIA managed 12.2 billion clearing transactions, 4.3 billion card transactions, 2.8 billion payments, 47.4 billion financial transactions and carried 654.3 terabytes of data on the network.

The Group is made up of nine companies: the parent SIA, the Italian companies Emmecom (innovative network applications), P4cards (card processing), Pi4Pay (advanced collection and payment services), TSP (front-end services), and Ubiq (innovative technology solutions for marketing), Perago in South Africa, PforCards in Austria and SIA Central Europe in Hungary.
The Group, which currently has over 2,000 employees, closed 2016 with revenues of €468.2 million.

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