An update from Distribuzione Elettrica Adriatica S.p.A ( (IT:DEA) ) is now available.
DEA S.p.A. reported significant financial growth for the year 2024, with total revenues increasing by 109% and EBITDA by 122% compared to the previous year. The company’s net profit surged by 217%, reflecting successful strategic acquisitions and an IPO that supported its expansion. The integration of ASPM Soresina and the increase in managed Points of Delivery (PoD) to over 90,000 highlight DEA’s robust growth trajectory and its commitment to creating long-term value for stakeholders.
More about Distribuzione Elettrica Adriatica S.p.A
Distribuzione Elettrica Adriatica S.p.A (DEA) is a leading company in the distribution of electricity and management of public lighting across regions such as Abruzzo, Marche, Liguria, and Lombardy. The company is listed on Euronext Growth Milan and focuses on expanding its market presence through strategic acquisitions and external growth.
YTD Price Performance: -9.70%
Average Trading Volume: 2,648
Technical Sentiment Signal: Strong Buy
For an in-depth examination of DEA stock, go to TipRanks’ Stock Analysis page.