1.93
+3.21%
Close of 9 Nov 2026, in EUR
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About SIT SpA
Its shares trade on Borsa Italiana under the ticker SIT.MI. It has been listed since 20 July 2017. In the fiscal year to 31 December 2025, it reported revenue of €319.1m and net income of €1.0m. At that date it held total assets of €370.5m and shareholders' equity of €101.0m.
SIT SpA manufactures mechanical control, electronic control and fuel systems for gas equipment. The company is headquartered in Padova, Padova. The company went IPO on 2017-07-20. The firm focuses on the development, production and market of security, control systems of mostly domestic gas appliances, such as boilers, stoves, as well as gas counters. Its products portfolio encompasses gas mutters, mechanical controls, electronic controls, fans for heating, integrated systems, sensors, exhaust kits, fans for range hoods and accessories, such as leads, connectors, pipes and coupling flanges, among others. The firm is a parent of SIT Group and operates through SIT (Shanghai) Trading Co. Ltd, SIT Controls BV, SIT Controls USA, Inc and SIT de Monterrey SA de CV, among others.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Information Technology
- Industry
- Electronic Equipment, Instruments & Components
- Listed since
- 20 Jul 2017
- Employees
- 2,717
- Website
- sitgroup.it ↗
Leadership
Pay as last reported
- Mr. Federico De StefaniExecutive Chairman of the Board, Chief Executive Officer, since 2014€667,237
- Mr. Paul FogolinChief Financial Officer
- Mr. Giulio PrandiChief Operating Officer, Business Unit Director - Smart Gas Metering
- Ms. Chiara De StefaniExecutive Director, Corporate Sustainability Director, since 2014€40,000
- Mr. Walter AlbeBusiness Unit Director - Heating and Ventilation
- Mr. Gianpaolo AnselmiGroup Chief Customer Officer, Business Unit Director - Water Metering
- Mr. Tomaso ValdinociGroup Chief Product Officer
- Prof. Bettina CampedelliNon-Executive Lead Independent Director€59,000
- Mr. Carlo MalacarneNon-Executive Independent Director€49,769
- Mr. Giorgio MartorelliNon-Executive Independent Director€31,754
- Ms. Lorenza MorandiniNon-Executive Independent Director€56,160
- Mr. Franco StevanatoNon-Executive Independent Director€26,356
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 72
- Environment
- 92
- Social
- 99
- Governance
- 24
- Direct emissions (scope 1)
- 4,248 t
- Energy emissions (scope 2)
- 10,725 t
- Value chain emissions (scope 3)
- 106,762 t
- Women in the workforce
- 56%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- SIT SpA employs 2,717 full-time employees in Padova, Italy, supporting robust production capabilities.
- SIT Group's global presence includes subsidiaries in Shanghai, Netherlands, USA, and Mexico, enhancing market reach.
- SIT SpA's product portfolio covers gas mutters, mechanical controls, and electronic controls for domestic appliances.
Weaknesses
- SIT SpA's IPO on 20 July 2017 may indicate limited market exposure compared to longer-established firms.
- The company's focus on domestic gas appliances restricts diversification into broader consumer markets.
- SIT Controls USA, Inc. and SIT de Monterrey SA de CV may face regional market challenges in their operations.
Opportunities
- Expanding into international markets through SIT (Shanghai) Trading Co. Ltd could boost global sales.
- Growing demand for energy-efficient gas appliances presents a market opportunity for SIT SpA.
- SIT Controls BV in the Netherlands may leverage European Union energy efficiency standards for growth.
Threats
- Competition from established players in the Electrical Equipment sector could impact SIT SpA's market share.
- Regulatory changes in the European Union might affect gas appliance manufacturing standards.
- Economic downturns in key markets like USA and Mexico could reduce demand for SIT SpA's products.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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