Earnings3Q24 results better on all fronts, with net income of EUR 5.6M, better than expectations of EUR 4.7M.
Financial PerformanceResults showed strong top-line evolution, thanks to mid-teens growth in volumes and margin expansion, benefiting from full realignment of the lending rates of factoring contracts.
Future GrowthManagement confirmed to expect an increase in turnover to more than EUR 3Bn and a net profit of EUR >20M, with the NPE ratio expected to fall back to <1% by year end.