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Ariston Holding NV ( (IT:ARIS) ) has provided an update.
Ariston Group reported a challenging 2024 with revenues of €2.6 billion and an adjusted EBIT of €160 million, reflecting a significant decline from the previous year. Despite a 12.7% drop in net revenues, the company achieved strong cash flow and maintained a strategic focus on cost optimization and long-term investments. Looking forward, Ariston anticipates modest revenue growth in 2025, driven by European heating demand and efficiency initiatives, while continuing to focus on market share expansion and technological innovation.
More about Ariston Holding NV
Ariston Holding NV operates in the heating and water heating industry, providing thermal comfort solutions, burners, and components. The company focuses on European markets, with a presence in Asia/Pacific, MEA, and the Americas.
YTD Price Performance: -1.86%
Average Trading Volume: 328,198
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €1.18B
Learn more about ARIS stock on TipRanks’ Stock Analysis page.