Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Italian Stock Exchange  >  Inwit S.p.A.    INW   IT0005090300

INWIT S.P.A.

(INW)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Inwit S p A : and Philip Morris join forces to develop Industry 4.0

11/16/2020 | 06:53am EST

Rome, 16 November - INWIT has signed an agreement with Philip Morris Manufacturing & Technology Bologna to create an indoor coverage system using DAS (Distributed Antenna System) technology at the group's new plant in Valsamoggia, in the province of Bologna.

The multinational's new plant covers around 110,000 square metres and is a global trailblazer in the large-scale production of innovative combustion-free products, based on electronic heating.

The plant is the result of an investment of over 1 billion euros. Since 2014 around 1200 people have been hired to work there and it is now the largest Italian factory built from scratch in the last 20 years. The plant satisfies the international demand of over 38 countries and is positioned as the lead site out of the Philip Morris International plants in the world. Philip Morris Manufacturing & Technology Bologna is in fact where industrial processes for the creation of high-tech products are defined. The know-how is then transferred to the other production affiliates of the Philip Morris International group.

The coverage system that INWIT will create in the Valsamoggia plant involves the installation of microantennas built by JMA Wireless, which will be connected to each other and powered by a signal that reaches the plant via optical fibre, making the signal of all mobile operators stable and fast and allowing the optimal use of all devices, from smartphones to tablets and PCs with a wireless connection. The DAS will immediately improve the current technologies up to 4G, and it will be set up to handle the main technological developments being rolled out throughout Italy. The micro-coverage infrastructure will give great impetus to the implementation of Industry 4.0, which will be essential for the economic recovery of Italy.

'Our goal of building a smoke-free future, replacing cigarettes with innovative combustion-free products, sees digitisation as one of its fundamental cornerstones,' commented Oleksiy Lomeyko, Director Operations at Philip Morris Manufacturing & Technology Bologna. 'The digital transformation actually involves the whole of our business, from product to processes, and finds in our production plant in the Bologna area one of the maximum expressions of Industry 4.0 at a global level. We are proud of this agreement as it will mean we can continue to push and accelerate using the lever of innovation: a strategic asset not just for our organisation but for our entire Italian supply chain, which together with us plays a leading role in the transformation of our sector.'

'This agreement signed by INWIT with an international partner devoted to innovation like Philip Morris,' pointed out the CEO, Giovanni Ferigo'represents a new step in our company's undertaking to raise awareness among national businesses and social enterprises on the need to equip themselves with mobile micro-coverage to fully exploit the development opportunities available with new mobile connections. We have done this, with excellent results, in hospitals, museums, large railway stations and sports facilities, as well as with business enterprises such as shopping centres and large office buildings. Now the agreement with Philip Morris will allow us to address the Industry 4.0 sector where the development of new services and applications linked to the Internet of Things will represent a great opportunity for growth and efficiency.'

Disclaimer

INWIT - Infrastrutture Wireless Italiane S.p.A. published this content on 16 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2020 11:52:03 UTC


© Publicnow 2020
All news about INWIT S.P.A.
01/13INWIT S P A : Thanks to INWIT, the bank of the future is here
PU
01/13INWIT S P A : invests in Sustainability and Human Capital
PU
01/132020 BROAD-BASED SHARE OWNERSHIP PLA : INWIT puts people at the centre
PU
2020INWIT S P A : invests in Sustainability and Human Capi
PU
20202020 BROAD-BASED SHARE OWNERSHIP PLA : INWIT puts people at the centre
PU
2020INWIT S P A : One thousand Fully Digital bank branches thanks to INWIT
PU
2020INWIT S P A : We're shaping our Sustainability Plan online
PU
2020FERIGO : “Solutions 4.0, smart towers and sustainability: the foundations ..
PU
2020INWIT S P A : BoD approves 2021 Financial Calendar
PU
2020INWIT S P A : Nine months 2020 Interim Report
PU
More news
Financials
Sales 2020 676 M 816 M 816 M
Net income 2020 163 M 197 M 197 M
Net Debt 2020 3 638 M 4 393 M 4 393 M
P/E ratio 2020 53,2x
Yield 2020 3,27%
Capitalization 8 896 M 10 756 M 10 742 M
EV / Sales 2020 18,5x
EV / Sales 2021 16,1x
Nbr of Employees 198
Free-Float 33,7%
Chart INWIT S.P.A.
Duration : Period :
Inwit S.p.A. Technical Analysis Chart | INW | IT0005090300 | MarketScreener
Technical analysis trends INWIT S.P.A.
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 19
Average target price 11,98 €
Last Close Price 9,27 €
Spread / Highest target 46,8%
Spread / Average Target 29,3%
Spread / Lowest Target 9,01%
EPS Revisions
Managers and Directors
NameTitle
Giovanni Ferigo Chief Executive Officer, GM & Director
Emanuele Tournon Chairman
Elisa Patrizi Head-Maintenance, Technology & Operations
Emanuela Martinelli Head-Finance & Investor Relations
Filomena Passeggio Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
INWIT S.P.A.-6.70%10 756
BHARTI INFRATEL LIMITED14.05%9 660
PT SARANA MENARA NUSANTARA TBK-2.60%3 329
PT TOWER BERSAMA INFRASTRUCTURE TBK5.21%2 637
CHORUS LIMITED2.91%2 600
ERICSSON NIKOLA TESLA D.D.0.67%322