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The latest update is out from Fae Technology S.P.A ( (IT:FAE) ).
FAE Technology S.p.A. reported a robust financial performance for 2024, with consolidated revenues reaching 71.8 million euros, marking an 18.3% increase from the previous year. The company’s EBITDA also saw a significant rise to 8.1 million euros, reflecting improved operational efficiency and effective procurement strategies. The reduction in net financial debt by 48% to 3.7 million euros and an increase in net equity to 27.5 million euros highlight the company’s strengthened financial position. These results underscore FAE Technology’s strategic focus on growth and innovation, positioning it well within the electronics sector.
More about Fae Technology S.P.A
FAE Technology S.p.A. is an Italian industrial group operating in the electronics sector and is listed on the Euronext Growth Milan market of Borsa Italiana. The company focuses on innovation within the electronics industry, aiming to strengthen its capabilities in a progressively stabilizing market.
YTD Price Performance: -15.75%
Average Trading Volume: 17,468
Technical Sentiment Signal: Buy
Current Market Cap: €49.26M
For detailed information about FAE stock, go to TipRanks’ Stock Analysis page.