SIT S.P.A., ROADSHOW WITH LONGSPUR ON MAY 4 AND 5: TWO DAYS OF MEETINGS WITH UK INVESTORS

Padua, May 3, 2021 – SIT S.p.A. (SIT:IM), a multinational listed on the Italian Stock Exchange that creates intelligent solutions for the control of environmental conditions and consumption measurement, on May 4 and 5 is taking part in the roadshow organized by Longspur  to dialogue with British institutional investors. Longspur published on April 22 the initial coverage of SIT (available here) indicating a Euro 11,5 target price  stressing the positioning of the company as world market leader, the great opportunity deriving from the acquisition in the water sector and the upside coming from the starting of the “hydrogen economy”. In fact, for the first hydrogen houses that are being built in the United Kingdom, MeteRSIT, a SIT Group company that develops and manufactures intelligent gas meters and which is working on an experimental hydrogen gas meter as part of the British government’s Hy4Heat programme, was chosen from among producers of meters that will enable the safe distribution of hydrogen. This was thanks to the DomusNext® H2 meter that allows consumption data reading. Also installed in the houses are Worcester Bosch hydrogen boilers that use hydrogen power safety valves developed by SIT.

During the roadshow, theCEO and Chairman Federico de’ Stefani together with the CFO Paul Fogolin and IR Manager Mara Di Giorgio, will comment on the latest company news and the enterprise’s projects.

 

WHO

Federico de’ Stefani, CEO and Chairman

Paul Fogolin, CFO

Mara Di Giorgio, IR Manager

 

 

WHERE

In video conference

 

 

WHEN

4-5 May 2021

 

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