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Convergenze SpA Societa Benefit ( (IT:CVG) ) has issued an update.
Convergenze S.p.A. reported a 12.7% increase in revenues in 2024, reaching €26.3 million, driven by notable growth in its Energy Business Unit, which saw a 23% rise, and expansion of its fiber network by 19.8%. This growth reflects the company’s strategic focus on expanding its services and network, enhancing its market position and demonstrating strong operational performance, promising continued investment in growth and innovation.
More about Convergenze SpA Societa Benefit
Convergenze S.p.A. Società Benefit and B-Corp is an integrated technology operator in the Telecommunications and 100% green Energy sectors, offering internet, telephony services, and renewable energy solutions. The company operates nationwide with a focus on sustainability and innovation, maintaining infrastructure like proprietary fiber optic networks and electric vehicle charging points.
YTD Price Performance: -1.23%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €12.52M
Find detailed analytics on CVG stock on TipRanks’ Stock Analysis page.
