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DiaSorin S.p.A. Boosts 2024 Revenue Guidance Amid Strong Growth

DiaSorin S.p.A. Boosts 2024 Revenue Guidance Amid Strong Growth

DiaSorin S.p.A. (IT:DIA) has released an update.

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DiaSorin S.p.A. reported a strong performance for the first nine months of 2024, with revenues reaching €876 million, a 4% increase at constant exchange rates, and an impressive 7% growth excluding COVID-related sales. The company’s adjusted EBITDA also improved, marking a 6% rise, reflecting a robust profitability trend across all business lines, notably in immunodiagnostics and molecular diagnostics. As a result, DiaSorin has raised its revenue guidance for the 2024 financial year, emphasizing continued growth in non-COVID sectors.

For further insights into IT:DIA stock, check out TipRanks’ Stock Analysis page.

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