Racing Force S.p.A.

Equities

RFG

IT0005466963

Recreational Products

Market Closed - Borsa Italiana 11:44:59 2024-04-19 am EDT 5-day change 1st Jan Change
4.15 EUR 0.00% Intraday chart for Racing Force S.p.A. -2.35% -21.10%

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Racing Force S.P.A. Reports Earnings Results for the Full Year Ended December 31, 2023 CI
Racing Force confirms dividend and closes 2023 with declining profit AN
ITALY GROWTH WINNERS & LOSERS: Racing Force top; MeglioQuesto trailing. AN
Racing Force president takes over 10,000 shares AN
Futures bullish; focus still on central banks AN
Europeans up; Pirelli tops on Mib. AN
ITALY GROWTH WINNERS & LOSERS: Good Elsa after accounts; down Racing Force AN
Mib at highest since 2008; Leonardo leads the way AN
Squares bullish; purchases on UniCredit and Azimut AN
Racing Force closes 2023 with revenues up double digits in Europe and Asia AN
UniCredit pushes Mib up, only bullish in Europe AN
Racing Force forges partnership with Team Penske AN
Futures up before Italy and Eurozone macro AN
Milan in the red; Iveco resists declines AN
Indices contrasted; Saipem tops on Mib. AN
Racing Force Group to Supply Racewear to Aston Martin Aramco Formula One Team MT
Racing Force starts partnership with Aston Martin Aramco F1 Team AN
Racing Force, OMP brand extends partnership with Toyota team AN
Futures in green; wait for ECB decision AN
Stock markets down amid rate uncertainties and war tensions AN
Futures bullish; Japan inflation slows AN
Racing Force launches new partnership with Tom Brady's team AN
Futures down; selling also prevails in Asia AN
Mib black jersey; wait for Powell speech AN
Indices down; Stellantis at bottom on Mib. AN
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Racing Force S.p.A. is specialized in designing, manufacturing and marketing safety equipment and accessories for the motorsports industry. The products are sold under the OMP, Bell, Zeronoise, B2 and Racing Spirit brands. Net sales are divided across the following product families: - equipment for drivers (71.9%): suits, functional and performance clothing, gloves, shoes, helmets, professional underwear, balaclavas, elbow pads, knee pads, rib protectors, etc.; - safety equipment for racing cars (21%): seats, harnesses, roll bars, racing nets, steering wheels, fire extinguishers, safety belts, pedals, communications devices, etc.; - other (7.1%): non-technical sportswear (t-shirts, sweatshirts, mechanic's aprons), racing car accessories etc. At the end of 2023, the Group had 8 manufacturing sites located in Italy (2), the United States (4), Bahrain and Belgium. Net sales are distributed geographically as follows: Europe/Middle East/Africa (65.4%), America (23.5%) and Asia/Pacific (11.1%).
More about the company
Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
4.15 EUR
Average target price
6.1 EUR
Spread / Average Target
+46.99%
Consensus

Quarterly revenue - Rate of surprise

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