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Next Re SIIQ S.p.A. Reports Positive Turnaround in 2024 Preliminary Financial Results

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Next Re SIIQ S.p.A. Reports Positive Turnaround in 2024 Preliminary Financial Results

NEXT RE SIIQ S.p.A. ( (IT:NR) ) has shared an announcement.

Next Re SIIQ S.p.A. has announced its preliminary financial data for the fiscal year 2024, marking a significant turnaround with a profit of €1.61 million, compared to a loss of €9.44 million in the previous year. The company’s preliminary EBITDA increased to €2.06 million from a negative €0.64 million, and its financial debt showed a positive shift by reducing significantly, highlighting improvements due to asset reclassification and strategic sales, indicating a more sustainable financial structure.

More about NEXT RE SIIQ S.p.A.

Next Re SIIQ S.p.A. is a real estate investment company listed on the Euronext Milan market of Borsa Italiana.

YTD Price Performance: -1.28%

Average Trading Volume: 1,000

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €33.8M

Find detailed analytics on NR stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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