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Convergenze SpA Societa Benefit ( (IT:CVG) ) just unveiled an announcement.
Convergenze S.p.A. Società Benefit reported stable revenues of Euro 19.4 million for the first nine months of 2025, demonstrating the resilience of its business model despite a complex market environment. The company’s fiber optic network expanded by 13.8% year-over-year, and the launch of the SIMON mobile service contributed significantly to its telecommunications business. Despite a slight decrease in energy revenues, Convergenze continues to focus on sustainable development and infrastructure efficiency, maintaining a solid balance between service development and business model sustainability.
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 in the 100% green Telecommunications and Energy sectors. The company operates nationwide through its patented EVO network and proprietary fiber optic network utilizing innovative XGS-PON technology.
Average Trading Volume: 22,737
Technical Sentiment Signal: Buy
Current Market Cap: €14.69M
For a thorough assessment of CVG stock, go to TipRanks’ Stock Analysis page.