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An announcement from ESPE SpA ( (IT:ESPE) ) is now available.
ESPE S.p.A. reported a strong financial performance for 2024, with sales revenues rising by 16.5% to €49.8 million and EBITDA doubling to €8.3 million. The company’s photovoltaic business line was the primary revenue driver, accounting for 95% of total revenues. The order backlog reached €92.4 million, providing visibility until mid-2026. ESPE plans to continue investing in research and development and consolidating recent acquisitions to optimize its value chain and maximize synergies within the group.
More about ESPE SpA
ESPE S.p.A., based in Grantorto, has been a prominent player in the renewable energy sector since 1974. The company specializes in developing innovative solutions for energy production from renewable sources, including photovoltaics, mini-wind, and biomass cogeneration. ESPE is known for its role as an EPC contractor for photovoltaic systems and ground parks and as a System Integrator for complex plant solutions.
YTD Price Performance: 6.15%
Average Trading Volume: 3,929
Technical Sentiment Signal: Strong Buy
Current Market Cap: €33.51M
Find detailed analytics on ESPE stock on TipRanks’ Stock Analysis page.