GRAND DUCHY OF LUXEMBOURG – IVS Group informs that the AGM of shareholders convened on May 27th, 2021 in Luxembourg, resolved the approval of the Company’s Annual Report 2020 and the related Consolidated Financial Statement, carrying ,forward the results of the year equal to Euro -7,124,770.
The AGM resolved also to appoint the following directors: Paolo Covre, Vito Alfonso Gamberale, Massimo Paravisi, Antonio Tartaro, Adriana Cerea, Monica Cerea, Elisabetta Dall’Olio, Luigi de Puppi, Marco Fumagalli, Maurizio Traglio, Mariella Trapletti, whose mandates will expire with the approval of 2023 Annual Report. The AGM resolved to set an aggregate remuneration for the Board of Directors of IVS Group, in relation to 2021, equal to Euro 322,000.
Statutory and consolidated accounts approved by the AGM, and the shareholders’ meeting minutes including the results of the polls will be posted on the company’s website, IR sections.
IVS Group S.A. is the Italian leader and the second player in Europe in the business of automatic and semi-automatic vending machines for the supply of hot and cold drinks and snacks (vending).
The core vending business is mainly carried out in Italy (79% of sales), France, Spain and Switzerland, with around 228,000 vending machines; the group has a network of 87 branches and around than 2,800 employees.
IVS Group serves more than 15,000 corporate clients and public entities, with over 600 million vends in 2020.