Company Profile
ErreDue S.p.A. is specialized in designing, manufacturing and marketing gas generators. Sold under a number of brands, including Sirio, Mercury, Saturn, NitroBOX, Venus, GN Inox, Oxylife, Galileo, Gemini, Mars, and Orion, the group’s products are intended for industrial (treatment and processing of materials and raw substances, laser cutting, heat treatment of metals, welding, sintering, shipbuilding, treatment of precious metals, energy production, winemaking, etc.), medical and laboratory applications. Net sales are divided across the following activities:
- sale of gas generators (52.8%): industrial and technical gas generators (66.9% of net sales; nitrogen, oxygen, etc.) and hydrogen generators (33.1%). In addition, the group offers gas mixers and purifiers;
- assistance and maintenance services (29.2%); ErreDue S.p.A. also offers replacement parts, accessories, and consumables;
- rental of gas production machines (18%);
At the end of 2021, the group had 3 production sites in Italy.
Net sales are distributed geographically as follows: Italy (59.8%), European Union (12.6%), and others (27.6%).
- sale of gas generators (52.8%): industrial and technical gas generators (66.9% of net sales; nitrogen, oxygen, etc.) and hydrogen generators (33.1%). In addition, the group offers gas mixers and purifiers;
- assistance and maintenance services (29.2%); ErreDue S.p.A. also offers replacement parts, accessories, and consumables;
- rental of gas production machines (18%);
At the end of 2021, the group had 3 production sites in Italy.
Net sales are distributed geographically as follows: Italy (59.8%), European Union (12.6%), and others (27.6%).
Source: Cofisem - Last Update: 2024-04-19
Key Executives
| Chairman and Chief Executive Officer | |
| Chief Financial Officer | |
| Chief Operating Officer | |
| Head of Investor Relations |
Source: Cofisem - Last Update: 2024-04-19
Key Figures
| Millenium | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Net sales | 16,499 | 12,301 | 11,060 | 7,086 | 8,497 |
| Consumed purchases | 6,375 | 4,572 | 3,401 | 1,918 | 2,779 |
| Labour costs | 3,893 | 2,988 | 2,550 | 2,076 | 2,268 |
| Operating profit | 4,051 | 2,201 | 3,080 | 1,323 | 1,682 |
| Income tax | 1,076 | 533 | 814 | 239 | 398 |
| Net income | 3,397 | 1,652 | 2,251 | 1,068 | 1,270 |
| Net income (Group share) | 3,397 | 1,652 | 2,251 | 1,068 | 1,270 |
| Fiscal year end | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Length of fiscal year (month) | 12 | 12 | 12 | 12 | 12 |
| Currency & Unit | EUR - thousands | EUR - thousands | EUR - thousands | EUR - thousands | EUR - thousands |
| Account Standards | US GAAP | US GAAP | US GAAP | US GAAP | US GAAP |
Source: Cofisem - Last Update: 2024-04-19
Shareholder information
| Directors and Executive Officers | |
| Free float | |
| Green H2 Holding S.r.l. |
Source: Cofisem - Last Update: 2024-04-19
Address
ErreDue S.p.A.
Via G. Gozzano 3
IT-57121 Livorno
Italy
Phone number: +39 0586 444066
Fax: +39 0586 444212
https://www.erreduegas.it/en/
Source: Cofisem - Last Update: 2024-04-19
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