IPOs: an Italian pilot protection specialist on the Paris Stock Exchange


(Boursier.com) — Racing Force, an Italian company listed on the Milan Stock Exchange, was listed on Euronext Paris Paris at the end of September 2022. It specializes in the design, manufacture and marketing of racing equipment and accessories. safety for the motorsport industry. Products are sold under the OMP, Bell, Zeronoise, B2 and Racing Spirit brands.

The company equips pilots (70% of turnover) via suits, functional and performance clothing, gloves, shoes, helmets, professional underwear, balaclavas, elbow pads, knee pads, socks, rib protectors, etc.

It also designs safety equipment for racing and sports cars (25% of sales): bucket seats, harnesses, roll bars, safety nets, steering wheels, fire extinguishers, seat belts, pedals and foot rests. feet, equipment and communication devices, safety and performance parts, etc.

The group has 6 production sites located in Italy, Luxembourg, Belgium, the United States and Bahrain.

For the first six months of its 2022 financial year, the company posted €33.6 million in revenue (+34.7%), an EBITDA of €9.3 million (i.e. 27.8% EBITDA margin rate ) and a net profit of 6.9 ME, almost double compared to that of the first half of 2021.



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