Company Profile
SIT S.p.A. specializes in the design, manufacture and marketing of control and safety systems for gas heating systems for the domestic and catering sectors. Net sales break down by activity as follows:
- manufacturing and sale of components and control and safety systems for gas heating facilities (71.7%);
- manufacturing and sale of smart gas metering (27.2%);
- other (1.1%).
Net sales break down by source of revenue between sales of products (99.7%) and services (0.3%).
Net sales are distributed geographically as follows: Italy (29.8%), Europe (46.4%), the Americas (14.4%) and Asia/Pacific (9.4%).
- manufacturing and sale of components and control and safety systems for gas heating facilities (71.7%);
- manufacturing and sale of smart gas metering (27.2%);
- other (1.1%).
Net sales break down by source of revenue between sales of products (99.7%) and services (0.3%).
Net sales are distributed geographically as follows: Italy (29.8%), Europe (46.4%), the Americas (14.4%) and Asia/Pacific (9.4%).
Source: Cofisem - Last Update: 2024-10-16
Key Executives
| Chairman and Chief Executive Officer | |
| Chief Financial Officer | |
| Head of Investor Relations |
Source: Cofisem - Last Update: 2024-10-16
Key Figures
| Millenium | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Net sales | 326,261 | 393,305 | 380,521 | 320,731 | 352,207 |
| Income from ordinary activities | 326,261 | 393,305 | 380,521 | 320,731 | 352,207 |
| Operating income | -25,219 | 10,557 | 24,330 | 19,616 | 24,733 |
| Cost of financial indebtedness net | 5,576 | 3,005 | 3,104 | 2,634 | 2,749 |
| Equity-accounted companies contribution to income | |||||
| Net profit from discontinued activities | |||||
| Net income | -23,388 | 11,213 | 8,243 | 13,225 | 19,928 |
| Net income (Group share) | -23,388 | 11,213 | 8,243 | 13,225 | 19,928 |
| 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 - thousands | EUR - thousands | EUR - thousands |
| Account Standards | IFRS | IFRS | IFRS | IFRS | IFRS |
Source: Cofisem - Last Update: 2024-10-16
Shareholder information
| Group-owned stock | |
| Free float | |
| Sit Technologies Spa | |
| Technologies S.A.P.A. di F.D.S. S.S. |
Source: Cofisem - Last Update: 2024-10-16
Address
SIT S.p.A.
Viale dell’Industria 31-33
IT-35129 Padova
Italy
Phone number: +39 049 8293111
Fax: +39 049 8070093
https://www.sitcorporate.it/en/
Source: Cofisem - Last Update: 2024-10-16
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