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Bialetti Industrie S.p.A. ( (IT:BIA) ) has issued an update.
Bialetti Industrie S.p.A. held its shareholders’ meeting, where it approved the financial statements for 2024, despite reporting a loss of over 2.4 million euros, which will be offset using previous years’ profit reserves. The meeting also covered the approval of a remuneration policy, modifications to the CEO’s incentive plan, and the appointment of new board members and auditors, reflecting strategic adjustments aimed at strengthening the company’s governance and financial resilience.
More about Bialetti Industrie S.p.A.
Bialetti Industrie S.p.A. operates in the consumer goods industry, specializing in the production of coffee makers and kitchenware. The company is known for its iconic Moka Express coffee maker and focuses on providing high-quality kitchen products to a global market.
Average Trading Volume: 372,077
Technical Sentiment Signal: Buy
Current Market Cap: €70.8M
Learn more about BIA stock on TipRanks’ Stock Analysis page.