MILAN ( – The total value exchanged during the week is € 44.9 million; 34 positive titles with an average of + 5.14%. The FTSE AIM Italia scored -0.21%. The FTSE Italia PIR PMI All posted a performance of -0.17%. The 5 best performances of the week: WM Capital: 48.04% (CMG Euro 421.856) SMRE: 31.28% (CMG Euro 465.520) Frendy Energy: 14.29% (CMG Euro 74.866) GO Internet: 8.55% ( CMG 132.299 Euro) Blue Financial Communication: 7.00% (CMG Euro 18.813) At sector level * the best performance was recorded by the Telecommunications sector (+ 8.6%), followed by the Services sector (+ 7.2%) and from the Industry sector (+ 1.5%). Sectoral Performance Telecommunications: 8.6% (CMG Euro 132.299) Services: 7.2% (CMG Euro 97.674) Industry: 1.5% (CMG Euro 58.841) Fashion and Luxury: 1.4% (CMG Euro 26.347) Technology: 0.9% (CMG Euro 87.806) Average: -0.4% (CMG Euro 35.296) Renewable Energy and Energy: -0.6% (CMG Euro 27.343) Chemistry: -0.6% (CMG Euro 2.955.027) Finance: -1.0% (CMG Euro 76.582) Food: -1.1% (CMG Euro 146.333) Healthcare: -1.6% (CMG Euro 79.681) * Sectoral classification by the IR TOP Observatory (www.pmicapital) .it) The main News of the week Wm Capital acquires 5.20% of Main Capital Sgr WM Capital, specialised in ‘Business Format Franchising’, which promotes the growth of companies through the development of franchising systems in Italy and abroad, conferring know-how on industrial and operational use and providing a qualified and international network. Wm Capital acquires 5.20% of the newly formed Main Capital SGR, under authorisation from the Bank of Italy. The main objective is to contribute to the development of the new project “Innovative Pharmacies”, which allows the possibility of acquiring credit for pharmacies in Italy, thus giving capital or starting the establishment of new networks of innovative pharmacies. The operation is part of WM Capital’s strategy to facilitate and strengthen the growth paths of franchising networks. The SGR aims to create Investment Funds (FIA) mainly dedicated to the macro category of Credit and Debt (Credit Funds – Private Debt). Clabo, + 79% of orders in the Asian area in the first quarter Clabo SpA, founded in 1958 and international leader in the field of furniture for catering, is specialised in the production and marketing of professional display windows for ice cream parlors, confectioners, bars, cafes and hotels. In the first quarter of 2018 Clabo saw orders for the Asian market increase by 79%, which went from 0.9 to 1.6 million euro. “We are very satisfied with the sales trend in Asia – reiterated President Pierluigi Bocchini – Thanks to easyBest we managed to enter markets impenetrable for us until last year. I can anticipate that also thanks to the consolidation of Hmc in the US the revenues of the first quarter exceeded € 14.1 million, an increase of 33% compared to 2017”. Clabo has also registered a strong interest for its Orion and EasyBest brands at the FHA (Food Hotel Asia) trade fair held in Singapore from April 24th to 27th. And today in Shanghai opens ‘Bakery China’, the most important exhibition dedicated to bakery and confectionery in China. Wm Capital will take care of the ‘Mama Burger’ format internationally WM Capital, specialised in Business Format Franchising, promotes business growth through the development of franchising systems in Italy and abroad, giving industrial and operational know-how and making available a qualified and international network. Wm Capital will take care of the creation and development of the international format of Mama Burger, focusing on the originality and uniqueness of the format as well as on the quality of the products. Founded in 2008, Mama Burger has closed 2017 with 2.6 million euros in revenues with 2 points of sale, and for 2018, thanks to the 2 new openings, a turnover of around 4.5 million euros is expected. The agreement includes the positioning, the study and the setting of the business, the retail design concept, the specialised consultancy on the elements of the franchising format, on the legal aspects, on the communication strategies, marketing and commercial development. Bomi Italia: for IR Top Research it is worth € 4.87 per share. Bomi Italia S.p.A. is the holding company of the Bomi Group, a leader in the biomedical logistics sector and in the management of high technology products for health protection. The group ended 2017 with 118 million euros in revenues, up 17% compared to 2016; in the last 13 years, organic growth amounted to around 10% (CAGR 2005-2017); EBITDA margin rose to 9.6% and group net profit to 2.1 million euro. According to IR Top research estimates, the Bomi Group is expected to close 2018 with revenues of € 129.8 million, EBITDA of € 13.2 million (EBITDA margin of 10.2%), group net profit of € 3.8 million and net financial debt down to 23 million. The stock, which capitalises around 52 million euros with an enterprise value of 78 million, has a multiple EV / EBITDA 2018 of 5.7x against an average value of 12.2x of the international peers considered. Fedon Assembly approves 2017 financial statements and buy back plan The Fedon shareholders’ meeting approved the 2017 financial statements which closed with total revenues down by 5% to 69 million euros; EBITDA stood at 2.2 million (against 5.1 million in 2016) and the net loss was 4 million euros. Net financial debt is 7.3 million, with equity of 14.7 million. The shareholders then gave the green light to the buy back plan with a maximum of 380.000 shares (at present the company holds 21.138 treasury shares, equal to 1.11% of the share capital). The Board of Directors of the group have assigned the delegated powers of chairman to President Callisto Fedon, while Maurizio Schiavo has been entrusted with “the task of implementing, until the end of the mandate, the group’s Industrial Policy with the specific objective of coordinating the entire relocation project of the Shenzhen factory in another location in China and possible M & A activities in Southeast Asia, aimed at reaching the group’s profitability targets for the next few years, in tune and in support of the Director of Operations”. Investor Presentation of CoStamp Group, in Milan on May 24th CoStamp Group, which comes from the business combination between Co.Stamp Tools and Modelleria Brambilla, is presented to investors. “Business model and growth strategy” is the theme of the event organised by IR Top Consulting and Invest Banca which will be held next May 24 in Milan (Armani Hotel Milano – Via Alessandro Manzoni, 31) starting from 11.30. Matteo Pontello (Head of Investment Banking Invest Bank), Gabriele Bonfiglioli (Managing Director Low Pressure Division), Marco Corti (Chairman and CEO) and Michele Tombini (Sales Manager) will speak. THE AIM 4AIM SICAF COMPANIES: 4,08% Abitare In: 0,65% Agatos: 3,05% Alfio Bardolla Training Group: -2,64% Alkemy: -0,34% Alp.I: 0,00% Ambromobiliare: 0,25% Assiteca : -2,00% axélero: -7,89% BioDue: 0,00% Bio-on: -0,64% Blue Financial Communication: 7,00% Bomi Italia: -1,59% Caleido Group: 5,48% Capital For Progress 2: 0,00% Casta Diva Group: -4,27% CdR Advance Capital: -4,63% Clabo : 3,47% Cover 50: 6,19% Crescita: -0,52% Culti Milano: -5,06% DBA Group: -0,79% DHH: -1,45% Digital Magics: -1,31% Digital360: 2,08% DigiTouch: 2,10% Ecosuntek: 0,30% Elettra Investimenti: 0,00% Energica Motor Company: 0,33% Energy Lab: -1,00% Enertronica: 0,40% EPS Equita PEP: 1,01% Equita Group: -6,36% Expert System: 6,10% Fervi: -1,30% Finlogic: -0,78% Fintel Energia Group: -4,19% First Capital: -2,86% FOPE: -2,27% Frendy Energy: 14,29% Gabelli Value For Italy: 0,00% Gambero Rosso: -0,47% Gel: 0,00% Giorgio Fedon & Figli: 1,90% Glenalta: 0,00% GO Internet: 8,55% GPI: -4,15% Gruppo Green Power: -11,67% Health Italia: -1,19% H-FARM: -1,26% IdeaMI: -0,21% Illa: -12,50% Imvest: -2,61% Industrial Stars of Italy 3: 0,21% Iniziative Bresciane: -3,70% Innova Italy 1: 0,51% Innovatec: -3,38% Italia Independent Group: -0,23% Italian Wine Brands: -2,62% Ki Group: -5,22% Kolinpharma: -0,37% Leone Film Group: 2,06% Life Care Capital: -0,51% Lucisano Media Group: 5,56% MailUp: 2,67% Masi Agricola: -1,12% Modelleria Brambilla: 0,00% Mondo TV France: 0,76% Mondo TV Suisse: 0,47% Neodecortech: 0,51% Net Insurance: -4,49% Neurosoft: 1,77% Notorious Pictures: -4,78% Orsero: 4,75% Pharmanutra: -2,57% Piteco: -0,83% PLT Energia: -0,71% Poligrafici Printing: -1,23% Portale Sardegna: 0,00% Prismi: 5,28% Rosetti Marino: 2,29% S.M.R.E.: 31,28% Safe Bag: -0,63% SCM SIM: -4,17% Sit: -0,92% SITI B&T Group: -0,43% Softec: -0,34% Spactiv: -1,02% Spaxs: -0,12% Sprintitaly: 0,00% Telesia: -0,87% TPS: 1,09% Triboo: -3,67% Vei 1: 0,13% Vetrya: -0,76% Visibilia Editore: -3,05% WIIT: -1,60% WM Capital: 48,04% Zephyro: 0,00%