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EEMS Italia S.p.A. ( (IT:EEMS) ) just unveiled an announcement.
EEMS Italia S.p.A. has approved its 2024 financial statement, marking a significant corporate reorganization and business model revision following the entry of new shareholders. The company has implemented a revenue development plan and cost reduction strategies, leading to a reduction in commercial debt and an increase in revenue, particularly through its expansion into the telephony market. The acquisition of Pay Store S.r.l. has brought substantial revenue and commercial synergies, while future plans include potential acquisitions and strategic developments in green energy. The company is also transitioning into a multi-utility model, maintaining its energy business while developing its mobile sector.
More about EEMS Italia S.p.A.
EEMS Italia S.p.A. is an Italian company operating in the energy services sector and is listed on the Euronext Milan market. The company has recently expanded its activities to include telephony services through the acquisition of Pay Store S.r.l., which holds the Ops! Mobile brand.
Average Trading Volume: 248,081
Technical Sentiment Signal: Sell
Current Market Cap: €2.24M
See more insights into EEMS stock on TipRanks’ Stock Analysis page.