LVenture Group S.p.A. (IT:ZEST) has released an update.
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Zest S.p.A. reported a significant increase in its investment portfolio to €57.55 million by the end of September 2024, driven by a strategic merger and organizational restructuring. The company’s revenues rose to €6.12 million, and it achieved a positive EBITDA of €10.35 million, despite a net financial debt of €7.84 million. A notable post-period event includes the planned sale of its stake in Checkmoov S.r.l., expected to be finalized by year-end.
For further insights into IT:ZEST stock, check out TipRanks’ Stock Analysis page.
