Italmobiliare S.p.A. Achieves Robust Growth in 2024

Italmobiliare SPA (IT:ITM) has released an update.

Italmobiliare S.p.A. reports strong financial performance for the first nine months of 2024, with consolidated revenues rising by 19.3% to 499.4 million euros and EBITDA surging by 65.9% to 110.6 million euros. This growth is driven by the success of portfolio companies such as Italgen, Officina Profumo-Farmaceutica di Santa Maria Novella, and CDS-Casa della Salute, which have shown impressive revenue and EBITDA increases. The group’s net financial position has also improved significantly, showcasing its robust financial health and strategic growth execution.

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