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Longino & Cardenal Reports Revenue Growth and Improved Financials for 2024

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Longino & Cardenal Reports Revenue Growth and Improved Financials for 2024

An announcement from Longino & Cardenal SpA ( (IT:LON) ) is now available.

Longino & Cardenal S.p.A. reported a revenue increase of 3.1% to €36.9 million for 2024, with a significant improvement in contribution margin and net financial debt. Despite a net loss of €367 thousand, the company showed signs of recovery and efficiency in financial management. The strategic investments and market presence have laid a foundation for future growth, with expectations of a relaunch in 2025.

More about Longino & Cardenal SpA

Longino & Cardenal S.p.A. operates in the high-end food industry, focusing on the research, selection, and distribution of rare and precious foods. It serves as a key player in the national and international catering markets.

YTD Price Performance: -8.88%

Average Trading Volume: 6,827

Technical Sentiment Signal: Buy

Current Market Cap: €9.63M

See more data about LON stock on TipRanks’ Stock Analysis page.

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