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Erfo S.p.A. Sustains Growth Amidst International Expansion

Erfo S.p.A. Sustains Growth Amidst International Expansion

Laboratorio Farmaceutico Erfo SpA (IT:ERFO) has released an update.

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Laboratorio Farmaceutico Erfo S.p.A. reports a steady financial performance for the third quarter of 2024, with consolidated revenues of €4.72 million and a cash-positive PFN of €2.06 million. The company is expanding its international footprint, particularly in France, with plans to open more Diètnatural centers and strengthen its product offerings in the health and wellness sector. Despite a slight decrease in EBITDA due to increased marketing and personnel costs, the company remains focused on growth and innovation.

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

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