Azimut Holding SPA (IT:AZM) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Azimut Holding SPA has reported a strong financial performance in the first nine months of 2024, achieving a 28% increase in adjusted net profit to €447 million and exceeding its annual net inflows target with €14.3 billion. The company attributes this success to higher revenues from private markets and international operations, as well as successful strategic expansions. Azimut remains optimistic about surpassing its full-year net profit target of €500 million, projecting a year-end result between €550 and €600 million.
For further insights into IT:AZM stock, check out TipRanks’ Stock Analysis page.
