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The latest update is out from Compagnia dei Caraibi S.p.A. ( (IT:TIME) ).
The shareholders’ meeting of Compagnia dei Caraibi S.p.A. approved the financial statements for 2024, reporting a loss of 2.46 million euros. Despite the loss, the company showed significant improvements in production value and EBITDA, driven by strong performance in the Italian market and strategic growth initiatives. The group’s consolidated results also reflected a positive trend with increased revenues and reduced losses, although challenges remain in certain markets.
More about Compagnia dei Caraibi S.p.A.
Compagnia dei Caraibi S.p.A. is a prominent company specializing in the importation, development, brand building, and distribution of premium and over-premium spirits, wines, and soft drinks globally, alongside Italian craft beers.
Average Trading Volume: 32,794
Technical Sentiment Signal: Sell
Current Market Cap: €4.43M
For a thorough assessment of TIME stock, go to TipRanks’ Stock Analysis page.