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Promotica Announces Major Transaction with IVV Italia

Story Highlights
  • Promotica S.p.A. has published an information document about a major transaction with IVV Italia.
  • The agreement involves the supply of glass tableware, enhancing Promotica’s market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Promotica Announces Major Transaction with IVV Italia

Promotica S.P.A. ( (IT:PMT) ) has issued an update.

Promotica S.p.A. has published an information document regarding a major transaction with IVV Italia S.r.l., involving a framework agreement for the supply of glass tableware and related household items. This agreement is expected to enhance Promotica’s product offerings and strengthen its market position, potentially benefiting stakeholders by expanding its portfolio of promotional products.

More about Promotica S.P.A.

Promotica S.p.A. is a prominent Italian company in the loyalty sector, listed on the Euronext Growth Milan market since November 2020. Founded in 2003, it operates across various sectors including Retail, Food, Pharmaceutical, and Services, providing comprehensive promotional planning and development services. In 2023, Promotica reported consolidated revenues of €84.5 million and an EBITDA of €7.8 million.

YTD Price Performance: -9.48%

Average Trading Volume: 12,181

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €35.62M

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

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