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Ellomay ( (IL:ELLO) ) has provided an update.
Ellomay Capital Ltd. reported its financial results for the first quarter of 2025, showing a significant turnaround with a profit of €6.8 million compared to a loss in the same period last year. The company saw an increase in revenues to €8.9 million, driven by new solar facilities in Italy, and a substantial rise in EBITDA. The company also issued new debentures in February 2025, raising approximately €56.7 million. Ellomay is advancing its solar projects in Italy and the US, with new projects expected to contribute to future revenue growth.
More about Ellomay
Ellomay Capital Ltd. is a renewable energy and power generator and developer with operations in Europe, the USA, and Israel. The company focuses on solar energy projects and has been expanding its portfolio through strategic partnerships and project developments.
YTD Price Performance: 2.61%
Average Trading Volume: 4,587
Current Market Cap: ILs765.6M
For an in-depth examination of ELLO stock, go to TipRanks’ Overview page.