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Intred S.p.A. Reports Strong 2024 Growth and Network Expansion

Story Highlights
  • Intred S.p.A. achieved a 10.6% growth in production value, aligning with its strategic plan.
  • The network expanded by 14.6%, enhancing Intred’s competitive market position.
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Intred S.p.A. Reports Strong 2024 Growth and Network Expansion

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The latest update is out from Intred SpA ( (IT:ITD) ).

Intred S.p.A. has reported a 10.6% growth in the value of production, reaching €55.9 million, in line with its Strategic Plan 2024-2027. The company has expanded its network by 14.6% to over 13,500 km, strengthening its market position and supporting growth in various sectors including Professional and Public Administration. Significant revenue increases were also noted in key provinces such as Milan, highlighting the effectiveness of strategic investments and the company’s commitment to expanding Ultra Broadband connectivity.

More about Intred SpA

Intred S.p.A. is a telecommunications operator listed on the Euronext Growth Milan market of Borsa Italiana. The company focuses on providing Ultra Broadband connections and has an extensive proprietary network primarily in Lombardy, Italy. Intred is committed to digitalization efforts, particularly within public administration, and has a strong emphasis on recurring revenue services.

YTD Price Performance: 6.40%

Average Trading Volume: 10,746

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €169.4M

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

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