Buzzi SpA (IT:BZU) has released an update.
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Buzzi SpA reports a decrease in sales volumes for cement and concrete due to challenging market conditions in Central Europe and slow recovery in Italy and the US, resulting in a 2.5% drop in net revenues for the first nine months of 2024. Despite these challenges, the company maintains a positive financial position, with a notable improvement in deliveries in Poland and the Czech Republic. Looking forward, Buzzi SpA anticipates stable operating results for the year, aligning with last year’s record levels.
For further insights into IT:BZU stock, check out TipRanks’ Stock Analysis page.
