Confinvest Oro S.p.A.
MMIL:CFV2.04
EUR
-0.02
(-0.97%)
ISIN
IT0005379604
Return %
Stock
S&P 500
1Y
13.02
14.20
3Y
22.16
81.12
5Y
-31.08
68.34
Capital Structure
EUR
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
EUR
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in mil. unless spec.Semi-annual Revenue
EUR
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in mil. unless spec.Semi-annual Earnings Per Share
EUR
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in mil. unless spec.Semi-annual Dividends Per Share
EUR
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in mil. unless spec.Company Description
- CEO
- Simone Manenti
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- Milan Italy
- IPO Date
- Aug 1, 2019
- Website
- confinvest.it
- Similar Companies
- Business
- Confinvest Oro S.p.A., formerly known as Confinvest F.L. S.p.A., is an Italian financial services and precious metals trading company that specializes in the brokerage, commercialization, and digital management of physical investment gold and precious metals. Founded in 1983 and headquartered in Milan, Italy, the company operates as a market maker and authorized professional gold operator registered with the Bank of Italy, trading on Euronext Growth Milan under the ticker CFV. The company serves as a primary institutional reference for physical gold prices in Italy, supplying daily benchmark quotation data to financial media, banking institutions, and asset management firms. The company offers a comprehensive portfolio of precious metals products, custody services, and financial technology solutions for retail investors, high-net-worth individuals, wealth managers, and corporate institutions. Its core offerings include physical investment gold bullion bars and minted ingots in varying certified weights and purities; a diverse selection of recognized international investment gold coins, including British Sovereigns, Italian and French Marengos, South African Krugerrands, American Eagles, and Canadian Maple Leafs; CONTO LINGOTTO, a proprietary digital fintech platform and mobile application allowing investors to purchase, trade, and accumulate physical gold on a fractional basis through structured accumulation plans; institutional and retail custody and storage services in insured, high-security vault facilities; wholesale trading and supply of precious metals, encompassing gold, silver, platinum, and palladium; precious metals repurchase and liquidation services; and fully insured transport, logistics, and secure delivery across Italy. In recent developments, the company executed a strategic expansion through the acquisition of the precious metals business unit of Dierre S.r.l., an authorized precious metals operator, structured as a reverse takeover under Euronext Growth Milan regulations to significantly expand its operational scale and bolster its wholesale trading operations. In connection with its strategic realignment and market positioning, the company formally changed its legal corporate name from Confinvest F.L. S.p.A. to Confinvest Oro S.p.A. Furthermore, Confinvest Oro continues to expand the commercial distribution of its CONTO LINGOTTO digital infrastructure through strategic partnerships with banking networks, advisory firms, and wealth management intermediaries across the Italian market.