Clabo S.p.A. (IT:CLABO) has released an update.
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Clabo S.p.A. reported a rise in profitability for the first nine months of 2024 despite a drop in net sales, driven by improved industrial margins and efficiency gains. The company’s EBITDA increased to €7.2 million, with a margin of 16.0%, although net sales fell to €42.0 million due to a slowdown in the North American market. However, the company noted significant sales growth in Europe and Asia, maintaining a positive outlook for the year-end.
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