DEOLEO S.A. ( (ES:OLE) ) just unveiled an update.
DEOLEO S.A. has received a payment request from the Italian tax agency regarding a tax contingency involving its subsidiary, Carapelli Firenze, amounting to 64.7 million euros, which is lower than the initially estimated 89 million euros. The company is appealing the ruling and is also progressing with its refinancing negotiations, expecting to conclude this process within the current quarter.
More about DEOLEO S.A.
DEOLEO S.A. is a company involved in the production and distribution of olive oil, with its shares listed on major Spanish stock exchanges including Madrid, Bilbao, Valencia, and Barcelona.
YTD Price Performance: 4.21%
Average Trading Volume: 1,432
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €99M
For an in-depth examination of OLE stock, go to TipRanks’ Stock Analysis page.