Fine Foods & Pharmaceuticals N.T.M. SpA (IT:FF) has released an update.
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Fine Foods & Pharmaceuticals N.T.M. S.p.A. reported a robust financial performance for the first nine months of 2024, with adjusted EBITDA rising by 27.8% to €23.4 million and a strong EBIT growth of 78.2% to €11.7 million. Despite a slight decline in overall revenues, the company has improved its margins and anticipates a recovery in the fourth quarter, supported by ongoing investments and operational efficiency initiatives. The positive financial results reflect the company’s strategic adjustments, including pricing policy revisions and a focus on optimizing production capacity.
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