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The latest update is out from Biesse SPA ( (IT:BSS) ).
Biesse S.p.A. reported a challenging financial year in 2024, with a 3.9% decline in consolidated net revenues to 754.7 million euros. Despite the revenue contraction, the company maintained positive profitability, achieving a net profit of 3.8 million euros. The company’s geographical revenue distribution shifted slightly, with a decrease in EMEA sales and increases in the Americas and APAC regions. The net financial position was impacted by the acquisition of the GMM group and other financial activities, resulting in a negative position when accounting for IFRS16 effects.
More about Biesse SPA
Biesse S.p.A. is a company listed on the Euronext STAR Milan segment, operating in the manufacturing industry. It is known for producing machinery and systems for processing wood, glass, stone, plastic, and metal, serving various market segments globally.
YTD Price Performance: 6.23%
Average Trading Volume: 489
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €224M
For a thorough assessment of BSS stock, go to TipRanks’ Stock Analysis page.