ECIT AS (DE:3CZ) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
ECIT AS reported an 11.7% revenue growth in Q2 2024, reaching NOK 980 million, and a 13.8% increase for the first half of the year. The company’s EBITDA also rose to NOK 144 million in Q2, with an improved margin of 14.7%. Despite challenging market conditions, ECIT’s F&A and Tech divisions showed reasonable organic growth, and the firm continued its expansion with the acquisition of Pragati AB.
For further insights into DE:3CZ stock, check out TipRanks’ Stock Analysis page.