TXT e-solutions S.p.A. (TXT.MI)
TXT e-solutions S.p.A. operates in the Software - Application industry of the Technology sector, headquartered in Cologno Monzese, MI, IT. The stock last traded at $52.40, down 2.96% on the session, giving a market capitalisation of $659.0M. Its beta of 0.42 implies it has historically moved less than the broad market.
TXT e-solutions S.p.A., along with its subsidiary companies, delivers a comprehensive suite of software and professional services, catering to clients both within Italy and across international markets. The firm's activities are structured into two key divisions: Aerospace, Aviation & Transportation, and Fintech. Within the Aerospace, Aviation & Transportation segment, TXT e-solutions develops and provides advanced on-board software, flight simulation technologies, training platforms, flight support systems, and manufacturing solutions, complemented by specialized engineering consultancy. This division serves a diverse customer base, including aerospace manufacturers, airline operators, creators of aircraft and engines, commercial and defense aviation entities, and maintenance, repair, and overhaul (MRO) organizations. The Fintech division offers tailored solutions for managing non-performing assets, facilitating digital payments, supporting factoring, ensuring regulatory compliance, and optimizing supply chain finance. It also creates financial applications specifically for banks and financial institutions, supplies risk management tools, and extends technological and consulting services, including broad information and communications technology (ICT) support, primarily to the banking sector. Originally founded in 1989 under the name TXT Ingegneria Informatica S.p.A., the company officially rebranded to TXT e-solutions S.p.A. in March 2000. Its principal office is situated in Cologno Monzese, Italy.
TXT e-solutions S.p.A. is most often compared with the following Technology names: