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Fervi S.p.A. Announces Revenue Drop and Share Buyback
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Fervi S.p.A. Announces Revenue Drop and Share Buyback

Fervi SpA (IT:FVI) has released an update.

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Fervi S.p.A., listed on Euronext Growth Milan, saw a 2.4% drop in revenue to 40.7 million Euros as of September 30, 2024, due to a slowdown in industrial activity. The company also announced a share buyback program aimed at supporting stock liquidity and strategic operations. Despite challenges, Fervi is focused on maximizing results and developing its Italian and German offices.

For further insights into IT:FVI stock, check out TipRanks’ Stock Analysis page.

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