Sogefi SPA (IT:SGF) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Sogefi S.p.A. reported a 4.6% decline in revenues for the first nine months of 2024, yet achieved substantial profit growth with EBIT rising to €38 million and net profit from continuing activities nearly doubling to €15.1 million. Despite challenging market conditions, the company’s free cash flow from operations turned positive, highlighting improved financial health after the sale of its Filtration division.
For further insights into IT:SGF stock, check out TipRanks’ Stock Analysis page.