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Mare Group Achieves Strong Growth in 2024

Mare Engineering Group SpA (IT:MARE) has released an update.

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Mare Engineering Group SpA reports impressive double-digit growth in the first nine months of 2024, with a 14% year-over-year increase in production value to €29.8 million and a 23% rise in EBITDA to €7.4 million. The company attributes its success to strategic sales initiatives and operational optimizations, positioning itself for further growth and market expansion. Mare Group remains optimistic about meeting its 2024 financial targets as it continues to enhance profitability and reduce its net financial position.

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

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