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Novamarine Corrects Financial Figures in Latest Release

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Novamarine Corrects Financial Figures in Latest Release

Novamarine S.P.A. ( (IT:NOVA) ) has shared an announcement.

Novamarine S.p.A. issued a corrective notice regarding its previously reported financial figures. The corrected year-over-year EBITDA change is 16% instead of 41%, and the net equity change is €13.6 million instead of €14.4 million. These corrections may impact stakeholders’ perception of the company’s financial health, though the net working capital remains unchanged.

More about Novamarine S.P.A.

Novamarine S.p.A. is a company established in 2008, specializing in the design, production, and marketing of high-performance pleasure and professional boats. It is listed on the Euronext Growth Milan market and is recognized for its luxury boat lines and high-performance boats for professional use. The company is headquartered in Olbia, Sardinia, and is known for its innovative technology and leadership in the nautical sector.

Average Trading Volume: 5,107

Technical Sentiment Signal: Strong Sell

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

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