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The latest update is out from Vimi Fasteners SpA ( (IT:VIM) ).
Vimi Fasteners reported a decline in consolidated revenues to 56.1 million Euros for 2024, down from 61.3 million Euros in 2023, due to broader economic challenges. Despite this, the company maintained its market share without supply disruptions and signed significant agreements with global players, indicating future growth potential. The order book decreased to 31.4 million Euros for 2025, yet new orders in early 2025 show positive trends, reflecting management’s confidence. The company’s EBITDA was 6.3 million Euros, showcasing resilience through cost management, and net financial debt improved, highlighting financial stability.
More about Vimi Fasteners SpA
Vimi Fasteners S.p.A. is a leading company in the design and production of high-engineering fastening systems catering to industrial, automotive, oil & gas, aerospace, and other sectors. It is listed on the Euronext Growth Milan multilateral trading system managed by Borsa Italiana S.p.A.
YTD Price Performance: -13.39%
Average Trading Volume: 6,958
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €13.08M
Find detailed analytics on VIM stock on TipRanks’ Stock Analysis page.