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Class Editori Reports Financial Results for 2024 Amid Market Challenges

Story Highlights
  • Class Editori’s 2024 revenues fell to 86.57 million euros, with a positive EBITDA of 12.05 million euros.
  • The company faced reduced turnover but saw growth in digital and TV advertising and MF-Milano Finanza subscribers.
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Class Editori SPA ( (IT:CLE) ) has shared an announcement.

Class Editori S.p.A. reported a decrease in consolidated revenues for 2024 to 86.57 million euros, down from 88.67 million euros in 2023, with a positive EBITDA of 12.05 million euros. The company’s financial performance was impacted by reduced turnover and profitability, particularly due to the termination of a contract with SKY and decreased international promotion revenues. Despite these challenges, there was growth in digital and TV advertising sectors, and an increase in active subscribers for MF-Milano Finanza.

More about Class Editori SPA

Class Editori S.p.A. operates in the publishing industry, focusing on financial news and information services. Its primary products include newspapers, digital content, and advertising services, with a market focus on financial and business sectors.

YTD Price Performance: -0.94%

Technical Sentiment Signal: Hold

Current Market Cap: €25.43M

See more insights into CLE stock on TipRanks’ Stock Analysis page.

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