B.F. S.p.A. (IT:BFG) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
B.F. S.p.A. has approved a strategic investment in its subsidiary BF International by Dompé Holdings, enhancing its international expansion plans. This move is part of BF’s broader strategy to boost its financial performance, with expectations of reaching a consolidated production value of €1.6 billion and an EBITDA of €100 million by the end of 2024. The company aims to attract new investors and accelerate the goals of its 2023-2027 industrial plan.
For further insights into IT:BFG stock, check out TipRanks’ Stock Analysis page.