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Ena S.p.A. Sells Energetika to Refocus on Core Business

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Ena S.p.A. Sells Energetika to Refocus on Core Business

Enav SpA ( (IT:ENAV) ) has shared an announcement.

Ena S.p.A. has sold its wholly owned subsidiary, Energetika S.r.l., which operated in the retail reselling of electricity to condominiums, to a third party in the energy sector. This move allows Ena to concentrate on its core business of condominium management, reinvesting the proceeds of 156,000 euros into activities aligned with its long-term strategic objectives. The sale is significant as it surpasses the 25% revenue relevance index, indicating its impact on the company’s financial strategy.

More about Enav SpA

Ena S.p.A. is a prominent company in the real estate management sector, listed on the Euronext Growth Milan market. The company focuses on providing services related to condominium management.

YTD Price Performance: -16.38%

Average Trading Volume: 211

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €1.84B

For detailed information about ENAV stock, go to TipRanks’ Stock Analysis page.

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