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Class Editori S.p.A Reports Increased Financial Debt Amidst IFRS 16 Impact

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Class Editori S.p.A Reports Increased Financial Debt Amidst IFRS 16 Impact

Class Editori SPA ( (IT:CLE) ) has provided an announcement.

Class Editori S.p.A reported a negative net financial position of 43.70 million euros for the Class group as of February 28, 2025, reflecting a slight increase from the previous period. The company’s financial liabilities are significantly impacted by the IFRS 16 accounting standard, which accounts for lease obligations, bringing the total financial debt to 53.55 million euros. Additionally, the company and its group have various expired debt positions, including financial, commercial, and tax debts, which may lead to creditor actions such as reminders or supply suspensions.

More about Class Editori SPA

Class Editori S.p.A operates in the publishing industry, focusing on financial news and information services. The company is part of the Class Editori Group, which provides a range of media products and services, including newspapers, magazines, and digital platforms, primarily targeting the financial and business sectors.

Technical Sentiment Signal: Hold

Current Market Cap: €25.63M

See more data about CLE stock on TipRanks’ Stock Analysis page.

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