Gefran SPA ( (IT:GE) ) just unveiled an announcement.
Gefran S.p.A.’s preliminary financial report for 2024 reveals stable revenues of 132.6 million Euros, with a slight decrease of 0.1% from the previous year. Despite challenges in some geographical areas, revenue growth in Asia and America mitigated overall declines. The company’s EBITDA stands at 23.1 million Euros, reflecting a slight reduction due to increased personnel costs. Gefran’s net financial position improved significantly, reaching 34.2 million Euros, bolstered by strong order intake, particularly in the sensor and automation components sectors. This financial performance underscores Gefran’s resilience and strategic focus on expanding its presence in growing markets, with an emphasis on automation solutions.
More about Gefran SPA
Gefran S.p.A. operates in the industrial automation sector, specializing in the production of sensors, automation components, and power control solutions. The company focuses on providing advanced technology solutions across various global markets, including Europe, Asia, and America.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €129.6M
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