Company Profile
Generalfinance S.p.A. specializes in providing factoring services to small and medium-sized companies in financial difficulty. The group offers customized financing solutions to meet the needs of companies operating in the manufacturing (58.9% of revenues), wholesale business (21.1%), transportation (7.4%), and construction (3.1%) sectors. Net sales break down by activity as follows:
- factoring services with recourse (76%);
- factoring services without recourse (24%).
At the end of 2023, Generalfinance S.p.A. managed EUR 462.4 million of outstanding loans.
- factoring services with recourse (76%);
- factoring services without recourse (24%).
At the end of 2023, Generalfinance S.p.A. managed EUR 462.4 million of outstanding loans.
Source: Cofisem - Last Update: 2024-09-23
Key Executives
| Chief Executive Officer | |
| Chief Financial Officer | |
| Head of Investor Relations | |
| Chief Operating Officer | |
| Information Systems Director | |
| Chief Commercial Officer | |
| Chief Lending Officer | |
| Corporate and Legal Affairs Director |
Source: Cofisem - Last Update: 2024-09-23
Key Figures
| Millenium | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Net banking income | 36,199 | 29,658 | 23,707,397 | 16,499,207 | 13,180,745 |
| General operating costs | 15,098 | 13,044 | 8,672,511 | 7,246,916 | 6,805,600 |
| Gross Operating Income | 21,101 | 15,540 | 14,090,206 | 8,396,769 | 5,536,263 |
| Cost of risk | -1,346 | -24 | -214,231 | -1,063,511 | -6,676 |
| Operating profit | 19,755 | 15,516 | 13,875,975 | 7,333,258 | 5,529,587 |
| Equity-accounted companies contribution to income | |||||
| Current profit before tax | 22,001 | 16,470 | 13,926,103 | 8,109,828 | 6,280,131 |
| Net income | 15,067 | 10,885 | 9,453,364 | 5,327,925 | 4,187,404 |
| Net income (Group share) | 15,067 | 10,885 | 9,453,364 | 5,327,925 | 4,187,404 |
| Fiscal year end | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Length of fiscal year (month) | 12 | 12 | 12 | 12 | 12 |
| Currency & Unit | EUR - thousands | EUR - thousands | EUR - unit | EUR - unit | EUR - unit |
| Account Standards | IFRS | IFRS | IFRS | IFRS | IFRS |
Source: Cofisem - Last Update: 2024-09-23
Shareholder information
| Banca Del Ceresio SA | |
| BFF Bank S.p.A. | |
| First4Progress S.p.A. | |
| Free float | |
| GGH - Gruppo General Holding S.r.l. | |
| Investment Club S.r.l. |
Source: Cofisem - Last Update: 2024-09-23
Address
Generalfinance S.p.A.
Via Giorgio Stephenson 43A
IT-20157 Milano
Italy
Phone number: +39 02 87158048
Fax: +39 015 8484399
https://www.generalfinance.it/
Source: Cofisem - Last Update: 2024-09-23
Contact
Ugo Colombo
Phone number: +390158484396
InvestorRelator@Generalfinance.it
Phone number: +390158484396
InvestorRelator@Generalfinance.it
Source: Generalfinance S.p.A. - Last Update: 2024-09-23
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