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Unidata Reports Strong Preliminary 2024 Financial Results with Debt Reduction

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Unidata Reports Strong Preliminary 2024 Financial Results with Debt Reduction

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Unidata S.P.A. ( (IT:UD) ) has provided an announcement.

Unidata S.p.A. announced its preliminary consolidated financial results for 2024, showing total revenues of €101.3 million, slightly up from 2023 and in line with forecasts. The company reported a 5% year-over-year increase in adjusted EBITDA at €27.4 million, with a margin improvement to 27.0%, and a significant reduction in net financial debt to €43.9 million due to strong operating cash generation.

More about Unidata S.P.A.

Unidata S.p.A. is a telecommunications, cloud, and IoT services operator listed on the Euronext Milan market – STAR Segment, organized and managed by Borsa Italiana S.p.A.

YTD Price Performance: -13.09%

Average Trading Volume: 53,647

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €80.61M

For detailed information about UD stock, go to TipRanks’ Stock Analysis page.

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