Corporacion Financiera Alba ( (ES:ALB) ) has issued an announcement.
Corporacion Financiera Alba reported a consolidated net result of 98 million euros for 2024, a significant decrease from the previous year, primarily due to reduced fair value of financial investments and lower dividends from associates. Despite this, the company saw a revaluation in its share price by 73.5% following a public exclusion offer announcement. Additionally, Alba’s investments and asset sales in 2024 resulted in a net debt of 13 million euros by year-end. The performance of its associated companies varied, with some experiencing declines in sales and profits, while others saw growth in revenue and EBITDA.
More about Corporacion Financiera Alba
YTD Price Performance: 0.97%
Average Trading Volume: 2,266
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €5.04B
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