MILAN (AIMnews.it) - The total value exchanged during the week is 25.0 million euros; 50 positive titles with an average of + 2.70%. The FTSE AIM Italia scored + 0.32%. The FTSE Italia PIR PMI All recorded a performance of + 0.29%. The 5 best performances of the week: WIIT: 9.8% (CMG Euro: 131.739) Living In: 8.3% (CMG Euro: 203.315) Poligrafici Printing: 7.9% (CMG Euro: 59.684) Zephyro: 7.8 % (CMG Euro: 77.655) Leone Film Group: 7.3% (CMG Euro: 126.185) At sector level * the best performance was recorded by the Telecommunications sector (+ 7.0%), followed by the Chemical sector (+1, 1%) and the Industry sector (+ 0.9%). Sectoral Performance Telecommunications: 7.0% (CMG Euro: 129.319) Chemistry: 1.1% (CMG Euro: 869.344) Industry: 0.9% (CMG Euro: 45.697) Healthcare: 0.8% (CMG Euro: 32.023) Food: 0.8% (CMG Euro: 135.273) Average: 0.4% (CMG Euro: 38.392) Technology: 0.2% (CMG Euro: 128.398) Finance: 0.1% (CMG Euro: 84.240) Fashion and Luxury: -0.3% (CMG Euro: 9.932) Renewable Energy and Energy: -0.8% (CMG Euro: 36.126) Services: -0.9% (CMG Euro: 22.577) * Sectoral classification by the Observer IR TOP (www.pmicapital.it) The main News of the week Fope, IR Top Research raises the target price to 8.85 euros IR Top Research updates the TP on Fope, historic Italian goldsmith company founded in Vicenza in 1929, protagonist in the high-end jewelery sector, in light of the FY 2017 results above expectations. The price target on the stock passes from 6.05 to 8.85 euros per share. The analyst estimates for 2018 have been revised upwards and forecast an increase of 10% compared to 2017 and an increase of EBITDA margin of 30 basis points. For 2020 IR Top Research expects 37.3 million euros of revenues, 6 million euros of EBITDA (16.2% EBITDA margin) and 3 million euros of net profit. Expert System, revenues up 15.4% to 25.6 million The company closed 2017 with 25.6 million euros in revenues, 15.4% more than in the previous year, while the value of production grew 11% to € 32.8 million. EBITDA returned to positive by 1 million, EBIT was negative by 6.5 million and the net loss came to 8.3 million. The pfn is 8.8 million, net assets of 19.3 million. The Board of Directors also approved the 2018-2019 guidelines that aim to consolidate the revenue growth trend and consolidate international diversification. The guidance is 28.5-30 million in revenues this year, with 4-5 million ebitda and a net loss between 3.9 and 4.6 million, while for 2019 the forecasts are 33-34.5 millions of turnover, 7-8 of ebitda and a red of 1.6-2.3 million. Elettra Investimenti closes 2017 with tripled ebitda and profits of 4.45 million In 2017 Elettra Investimenti increased the value of production by 48.7%, which amounted to 47.03 million euros. Ebitda has tripled, rising from 3.9 to 11.8 million and net income increased from 0.6 to 4.45 million. The net financial position is 4 million, shareholders' equity of 15.4 million. The BoD will propose to the Shareholders' Meeting, called for April 27, a dividend of € 0.40 per share, with an ex-dividend date of May 21st. "2017 was a decisive year for our company, in terms of results, commitment and strategy: the results approved in the 2017 consolidated financial statements confirm the development trend of Elettra Investimenti, underlining the impressive growth we had in just two years of listing, "said Fabio Massimo Bombacci, president and CEO of Elettra Investimenti. Record earnings for Enertronica SpA at 3.6 million and excellent re-launch of Santerno Enertronica closed 2017 with 90 million euros of revenues, in line with 2016 and an adjusted EBITDA (net of extraordinary costs) of 1.9 million (5.1 million a year) and a negative adjusted net result of 0.78 million euros (2.9 million profit in 2016). Shareholders' equity improved sharply to € 5.3 million, with a net financial position of € 19.2 million. "During the year, Enertronica has been transformed from a company operating almost exclusively in the EPC sector to an industrial group of energy and automation," said AD Vito Nardi, Ebitda strongly growing for Casta Diva Group. Casta Diva Group in 2017 increased by 7% to 24.4 million, ebitda by 81% to 1.3 million euros, with a margin increased from 3% in 2016 to 5.7% last year. The financial year closed with a negative net loss of 1.7 million, while equity was 7.9 million, and pfn is positive with 1.8 million. "2017 shows an improvement on marginality, with an increase in ebitda of 81% and a significant improvement in the net financial position; 2017 was also the year of our debut in cinema with the first feature film, Diva !, which was recently awarded with the 2018 silver ribbon as the best DocuFilm" explains Andrea de Micheli, AD and Luca Oddo, the president. Bomi Italia, value of production at 117.9 million (+ 17%) The company closed 2017 with 117.9 million of production value (+ 17% on 2016), an adjusted ebitda of 11.3 million (+29 %) and a net result for the period of 2.1 million euros (+ 347%), 58% higher than the forecasts for the 2017-2019 plan. The net financial position is negative with 25.6 million, consolidated own resources amounted to 8.8 million. "In 2017 the Bomi Group faced an important challenge, still ongoing, aimed at integrating the most recently acquired and incorporated companies, achieving significant results in terms of increasing profitability", said President Giorgio Ruini. Portale Sardegna closes 2017 with a strong growth Portale Sardegna in 2017 increased the value of production by 29.5% to 5.8 million euro, while the ebitda rose from 0.07 to 0.32 million. The year closed in profit with 0.01 million against a loss of 0.09 million a year earlier. "Portale Sardegna closes its first financial statement as a listed company, recording a significant growth in all the indicators and a strong financial solidity. The growth in sales mainly concerned the Italian market, however 2018 will see an orientation of investments also in the direction of developments in foreign markets", explains AD Massimiliano Cossu. As a result of the IPO, own resources now amount to € 2.1 million, the net financial position is positive with € 0.06 million. Gel, 3.8 million ebitda (Ebitda margin 24%). NFP in net improvement to 9.8 mln In 2017, Gel increased revenues by 5.2% to 15.8 million euros; of these, 78% derive from the Domestic division and 22% from the Industrial division. The foreign component is worth 22% of the turnover. Ebitda grew 3.6% to 3.8 million, while net income amounted to 0.8 million (0.75 in 2016). "The positive performance of the first months of the current year allows us to look at a 2018 of further value creation for our shareholders," said AD Aroldo Berto. THE COMPANIES AIM 4AIM SICAF: -1.20% Residential In: 8.33% Agatos: -2.78% Alfio Bardolla Training Group: -0.53% Alkemy: 0.80% Alp.I: -1.42 Ambromobiliare%: 0.82% Assiteca: -0.81% axélero: -6.38% BioDue: 0.81% Bio-on: 1.08% Blue Financial Communication: -5.85% Bomi Italy: 4.97 % Caleido Group: 0.00% Capital For Progress 2: -1.01% Casta Diva Group: -1.71% CdR Advance Capital: -1.89% Clabo: 1.89% Cover 50: 3.31% Growth : -0.50% Milan Cults: 1.40% DBA Group: 1.32% DHH: 0.71% Digital Magics: -0.51% Digital360: 1.63% DigiTouch: -0.69% Ecosuntek: 2 , 57% Elettra Investimenti: 4.88% Energica Motor Company: 3.49% Energy Lab: -0.74% Enertronica: -11.86% EPS Equita PEP: 1.01% Equita Group: 3.45% Expert System : -0.38% Fervi: -0.01% Finlogic: 1.55% Fintel Energia Group: 4.38% First Capital: 3.03% FOPE: -1.45% Frendy Energy: -7.10% Shrimp Red: -3.17% Gel: 5.36% Giorgio Fedon & Sons: -3.42% Glenalta: 0.00% GO Internet: 7.03% GPI: -0.47% Green Power Group: -7, 02% Health Italy: 0.39% H-FARM: 1.20% IdeaMI: 0.21% Illa: -3.18% Imvest: -5.80% Industrial Stars of Italy 3: 0.62% Brescian initiatives: 0.00% Innova Italy 1: 0.51% Innovatec: -2, 70% Italy Independent Group: 0.22% Italian Wine Brands: 1.85% Ki Group: 0.00% Kolinpharma: -2.86% Leone Film Group: 7.29% Life Care Capital: -2.55% Lucisano Media Group: 2.27% MailUp: 1.72% Masi Agricola: 1.66% Modelleria Brambilla: 0.68% Mondo TV France: -3.11% Mondo TV Suisse: 3.24% Neodecortech: 6.96% Net Insurance: 0.33% Neurosoft: 0.00% Notorious Pictures: 4.51% Orsero: -0.44% Pharmanutra: 1.93% Piteco: 3.41% PLT Energy: 2.84% Poligrafici Printing: 7 , 86% Portal Sardinia: 0.00% Prisms: -1.79% Sea Rosetti: 0.00% SMRE: -1.96% Safe Bag: 1.56% SCM SIM: 1.00% Sit: -3, 51% SITI B & T Group: -0.70% Softec: -5.78% Spactiv: -0.81% Spaxs: 0.08% Sprintitaly: -0.82% Telesia: -1.40% TPS: -0, 44% Triboo: 0.43% Vei 1: 0.09% Vetrya: -7.62% Visibilia Editore: 0.65% WIIT: 9.77% WM Capital: -8.05% Zephyro: 7.76%