Convergenze SpA Societa Benefit ( (IT:CVG) ) has provided an update.
Convergenze S.p.A. Società Benefit reported a record net result of €1.3 million for 2024, a 145% increase from the previous year, driven by strong growth in both telecommunications and energy sectors. The company also announced its entry into the mobile telephony market as a Mobile Virtual Network Operator, enhancing its position as an integrated technology operator and signaling continued investment in innovative and sustainable solutions.
More about Convergenze SpA Societa Benefit
Convergenze S.p.A. Società Benefit is an integrated technology operator active in the telecommunications and 100% green energy sectors. The company operates nationwide through its patented EVO network and proprietary fiber optic network utilizing innovative XGS-PON technology.
YTD Price Performance: -1.23%
Average Trading Volume: 20
Technical Sentiment Signal: Buy
Current Market Cap: €12.14M
Learn more about CVG stock on TipRanks’ Stock Analysis page.