TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
EuroGroup Laminations S.p.A ( (IT:EGLA) ) has shared an update.
EuroGroup Laminations S.p.A reported a 4% increase in revenues for 2024, driven by growth in the EV & Automotive segment, despite challenges in the automotive and industrial sectors. The company plans to continue its expansion into the Indian market and has renamed its segments to better reflect its focus on electrification and infrastructure solutions. The new strategic plan for 2025-2028 aims for sustainable growth, emphasizing cash generation and return on capital, with expected double-digit revenue growth and a focus on the fastest-growing markets.
More about EuroGroup Laminations S.p.A
EuroGroup Laminations S.p.A is a global leader in the design, production, and distribution of stators and rotors for electric motors and generators. The company focuses on the EV & Automotive segment, with significant market presence in Europe and Asia, particularly China and India.
YTD Price Performance: -10.50%
Average Trading Volume: 423,471
Technical Sentiment Signal: Buy
Current Market Cap: €407.6M
For a thorough assessment of EGLA stock, go to TipRanks’ Stock Analysis page.