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Compagnia dei Caraibi S.p.A. ( (IT:TIME) ) just unveiled an update.
Compagnia dei Caraibi S.p.A. announced the completion of financial operations with BPM and Unicredit, aimed at strengthening its financial structure and reducing business continuity uncertainties. These operations, involving significant financing arrangements, are expected to stabilize the company’s financial standing and address previously highlighted critical issues, thus enhancing 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 2021, is a leading company in the importation, development, brand building, and distribution of premium and over-premium spirits, wines, and soft drinks globally, as well as Italian craft beers. The company operates in over 30 countries and has direct structures in Italy, Spain, and the United States. It has a diverse portfolio of exclusive and proprietary brands and has expanded its business model with the Dispensa project, targeting consumers through an omnichannel approach. Compagnia dei Caraibi is committed to ESG principles, having become a Società Benefit and obtaining B Corp certification.
Average Trading Volume: 99,615
Technical Sentiment Signal: Sell
Current Market Cap: €3.42M
Find detailed analytics on TIME stock on TipRanks’ Stock Analysis page.