tiprankstipranks
Nexi S.p.A. Achieves Revenue Growth and Expands EBITDA Margin
Company Announcements

Nexi S.p.A. Achieves Revenue Growth and Expands EBITDA Margin

Nexi S.p.A. (IT:NEXI) has released an update.

Don't Miss Our Christmas Offers:

Nexi S.p.A. reported a strong financial performance for the first nine months of 2024, with revenues of €2,571.6 million, marking a 5.6% year-on-year increase, and EBITDA up 7.3% to €1,349.9 million. The company’s Merchant Solutions segment drove significant growth, benefiting from a shift to digital payments and strategic initiatives to expand its customer base. Additionally, Nexi completed a €500 million share buyback and finalized the sale of its eID business in the Nordic countries.

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

Related Articles
TipRanks Italy Auto-Generated NewsdeskNexi S.p.A. Unveils 2025 Financial Calendar and Strategy
TipRanks Italy Auto-Generated NewsdeskNexi S.p.A. Reports Strong Financial Growth
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App