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Convergenze SpA Societa Benefit ( (IT:CVG) ) has issued an update.
Convergenze reported 2025 revenues of €25.7 million, down 2.7% year on year as both its telecommunications and energy divisions were affected by a challenging market, but management described the period as one of operational consolidation. The group expanded its proprietary fiber network to more than 12,800 km and lifted the share of telecoms users on its own FTTH and Wi-Fi infrastructure to 57.4%, while also boosting total contracted services by 2.4% and launching its SIMON mobile offer, which helped support growth in telecoms contracts despite modest revenue slippage. In energy, active withdrawal points and volumes sold declined in line with weaker consumption and portfolio rationalisation, with margins estimated at 5–6% versus a still-robust 28–29% range in telecoms, underlining the strategic importance of network investment and the higher-value connectivity business for the company’s long-term positioning and margin protection.
The most recent analyst rating on (IT:CVG) stock is a Buy with a EUR4.50 price target. To see the full list of analyst forecasts on Convergenze SpA Societa Benefit stock, see the IT:CVG Stock Forecast page.
More about Convergenze SpA Societa Benefit
Convergenze S.p.A. Società Benefit is an integrated technology operator active nationwide in Italy in the 100% green telecommunications and energy sectors, operating through its proprietary fiber-optic network based on XGS-PON technology and the patented EVO (Electric Vehicle Only) network. The company positions itself as a benefit corporation and B-Corp focused on responsible, sustainable growth, offering fixed and wireless connectivity, mobile services and energy solutions while increasingly migrating customers onto its own infrastructure to enhance service quality and efficiency.
Average Trading Volume: 3,480
Technical Sentiment Signal: Sell
Current Market Cap: €14.09M
Find detailed analytics on CVG stock on TipRanks’ Stock Analysis page.