FNM S.p.A. (IT:FNM) has released an update.
Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
FNM S.p.A. reported a 3.8% increase in revenues and a 7.5% rise in adjusted EBITDA for the first nine months of 2024, driven partly by strategic acquisitions in the renewable energy and communication sectors. The company’s net profit slightly decreased by 1.5%, while their operating result saw a notable decline due to sector-specific challenges. Despite these mixed results, FNM remains on track with its 2024 guidance, albeit with a downward adjustment in investment outlook.
For further insights into IT:FNM stock, check out TipRanks’ Stock Analysis page.