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An update from Compagnia dei Caraibi S.p.A. ( (IT:TIME) ) is now available.
Compagnia dei Caraibi S.p.A. announced that its financial statements for the year ending December 31, 2024, audited by KPMG S.p.A., contain a significant uncertainty regarding its ability to continue as a going concern. This uncertainty raises substantial doubts about the company’s operational continuity, which could impact its market positioning and stakeholder confidence.
More about Compagnia dei Caraibi S.p.A.
Compagnia dei Caraibi S.p.A., founded in 2008 and listed on the stock exchange since July 2021, is a prominent player in the import, development, brand building, and distribution of premium and over-premium spirits, wines, soft drinks, and Italian craft beers. The company operates in over 30 countries and holds exclusive distribution rights for several emerging brands. It has also expanded its business model to include direct consumer engagement through its Dispensa project and is committed to ESG principles, having obtained B Corp® certification.
Average Trading Volume: 34,105
Technical Sentiment Signal: Sell
Current Market Cap: €5.04M
See more insights into TIME stock on TipRanks’ Stock Analysis page.