Intred S.p.A. Reports Strong Revenue Growth and Expansion
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Intred S.p.A. Reports Strong Revenue Growth and Expansion

Intred SpA (IT:ITD) has released an update.

Intred S.p.A. reported a 10.6% increase in revenue for the first nine months of 2024, driven by robust sales of Ultra-Broadband connections and recurring fee services, particularly in Lombardy’s public administration and professional sectors. The company’s proprietary fiber optic network expanded by 10.9%, and customer loyalty remains strong with a low churn rate. Intred also unveiled a strategic plan for 2024-2027, including the development of a new Data Center in Brescia.

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

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