Braga Moro: +30.95% on debut at Euronext Growth Milan

"Braga Moro is a company with almost 80 years of history. Our listing on the stock exchange is the culmination of a path of growth and development marked, in recent years, by an important process of diversification of our business, focusing on the latest frontiers of technology applied to the world of power electronics and control electronics". These are the words of Andrea Passanisi, CEO of this company active in the design and production of high-performance power and control electronics solutions for mission-critical infrastructures, whose shares are trading from today, Thursday 31 July, in Euronext Growth Milan

"Technological innovation, research and the constant development of cutting-edge solutions are the flagship of Braga Moro, recognised in Italy and increasingly abroad. Thanks to our skills, we have been able to achieve significant goals in business and market development, most recently that of the listing. A team effort, fruit of the intuition and expertise of our top management, for which I thank our CEOs Andrea Passanisi and Maddalena Bellante,' is the assessment of Carlo Nardello, Braga Moro chairman.

On its debut day on the Egm, Braga Moro closed trading up 30.95 per cent at EUR 5.5. Braga Moro represents the thirty-ninth admission of the 2025 on Euronext. During the placement, the company raised EUR 2.2 million with a price set at EUR 4.20, and the free float at the time of admission was 18.70%, while the market capitalisation at IPO was EUR 8 million.

The development strategy is now focused on internationalisation, product innovation and strengthening production capacity.

"The market represents a great opportunity for future developments. Being part of the Braga Moro Group, as Cipierre Elettronica we will make our contribution to growth in Italy and abroad. We believe that we will benefit from the listing to grow the business, attract new customers and develop innovative products," says Maddalena Bellante, CEO Cipierre Elettronica.