Bastogi S.p.A. (IT:B) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Bastogi S.p.A. reported a strong financial performance for the first nine months of 2024, with revenues rising to 43.2 million euros and a consolidated gross operating margin of 11.1 million euros, driven by robust results in the entertainment sector. The company’s net financial position improved slightly, reflecting its strategic management efforts and successful real estate ventures. Despite some financial challenges, Bastogi remains on a positive trajectory, bolstered by key business agreements and ongoing development projects.
For further insights into IT:B stock, check out TipRanks’ Stock Analysis page.