ICOP S.p.A. Societa Benefit

ICOP S.p.A. Societa Benefit

MMIL:ICOP
23.50
EUR
-1.50
(-6.00%)
978.99MMarket Cap
Mar 03Next Earn
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.36
4.31
6.01
13.9
- -
Basic EPS, GAAP
0.16
0.19
0.55
0.98
- -
Free Cash Flow per Basic Share
-0.12
0.6
0.13
-0.68
- -
Dividend per Share
0.01
0.04
0.07
0.07
- -
Book Value per Share
1.38
1.53
2.99
4.52
5.08
Tangible Book Value per Share
1.36
1.52
2.94
2.11
2.63
Basic Weighted Avg Shares
27
27
30
31
32
Sales/Revenue/Turnover
118
117
181
425
- -
Operating Margin (%)
3
5.36
13.72
12.33
- -
Depreciation Expense
8
9
12
24
- -
Net Income, GAAP
4
5
17
30
- -
Effective Tax Rate (%)
27.83
6.18
28.68
31.21
- -
Profit Margin (%)
3.62
4.32
9.16
7.04
- -
Working Capital
61
27
57
66
156
LT Debt
68
38
33
122
195
Total Equity
41
46
91
145
164
Return on Invested Capital (%)
- -
2.66
13.32
13.63
- -
Return on Capital (%)
- -
4.74
13.95
13.39
- -
Return on Common Equity (%)
- -
11.75
24.53
25.61
- -

Capital Structure

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
- -
99
84
LT Borrowings
- -
117
190
LT Finance Leases
- -
5
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
28
32
32
Market Capitalization
388
558
979

Working Capital

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
- -
421
451
Cash, Cash Equivalents & STI
- -
85
90
Accounts Receivable, Net
- -
225
216
Inventories
- -
5
5
Total Current Liabilities
- -
355
295
Payables & Accruals
- -
- -
- -
ST Debt
- -
99
84
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
59.99%
Free Cash Flow
- -
- -
-618.28%
Net Income, GAAP
- -
- -
80.7%
Sales/Revenue/Turnover
- -
- -
135.13%
Total Cash Common Dividend
- -
- -
-4.67%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
181
2025
- -
- -
425
2026
- -
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.55
2025
- -
- -
0.98
2026
- -
- -
- -

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.07
2025
- -
- -
0.07
2026
- -
- -
- -

Company Description

CEO
Piero Petrucco
Sector
Industrial services
Industry
Engineering & construction
Address
Basiliano Italy
IPO Date
Jul 25, 2024
Website
icop.it
Business
I.CO.P. S.p.A. is an engineering and construction company specializing in subterranean infrastructure, microtunneling, and special foundation engineering. The company operates across four core business divisions: Special Foundations, Microtunneling and Trenchless Technologies, Maritime and Port Infrastructure, and Civil Engineering. Through these divisions, I.CO.P. S.p.A. provides specialized geotechnical and underground construction services, including diaphragm wall construction using mechanical grabs and hydromill cutters; jet grouting and deep soil mixing; large-diameter bored piles and continuous flight auger piling; micropiling, tiebacks, and ground anchorages; microtunneling and pipe jacking for water, sewerage, gas, and power transmission conduits; Direct Pipe installations; horizontal directional drilling; shaft sinking and subterranean chamber excavation; quay wall construction, sheet piling, breakwaters, and maritime dredging; as well as the construction of bridges, viaducts, railway underpasses, and environmental remediation works. The company primarily serves public transportation authorities, energy and utility network operators, port authorities, and general infrastructure contractors across Italy, France, Germany, Switzerland, Scandinavia, and North America. Founded in 1920 and headquartered in Basiliano, Italy, I.CO.P. S.p.A. operates multiple specialized operational subsidiaries and regional business units across Europe. In recent corporate developments, I.CO.P. S.p.A. completed its initial public offering on the Euronext Growth Milan market in July 2024, raising capital to support international market expansion and technological investments. Additionally, the company completed its corporate transformation into a Società Benefit to formally integrate environmental and social governance goals into its charter, expanded its fleet of low-emission microtunneling machinery and hydromill excavation systems, secured major infrastructure contracts under European resilience and energy transition initiatives, and entered strategic consortium agreements to deliver complex urban underground utility networks across Western and Northern Europe.