Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Gambero Rosso SpA ( (IT:GAMB) ) has issued an update.
Gambero Rosso S.p.A. announced the approval of its financial statements for 2024, revealing a significant decline in financial performance with net sales revenue and EBITDA dropping by 18% and 54% respectively. The Ordinary Shareholders’ Meeting decided to cover the losses using retained earnings, reflecting challenges faced by the company in maintaining its market position amidst declining financial metrics.
More about Gambero Rosso SpA
Gambero Rosso S.p.A. is a leader in the Italian Wine Travel Food sector, offering a wide range of integrated services for the agricultural, agri-food, restaurant, and hospitality sectors. It operates as a multimedia and multichannel platform, providing content, training, promotion, and consulting services. The company is known for its periodicals, books, guides, and broadcasting channels, reaching professionals and enthusiasts globally. Gambero Rosso Academy is a prominent training platform for the agri-food and hospitality supply chain, and the company conducts B2B promotion events to support national and international growth.
YTD Price Performance: -32.26%
Average Trading Volume: 12,071
Technical Sentiment Signal: Buy
Current Market Cap: €3.03M
For detailed information about GAMB stock, go to TipRanks’ Stock Analysis page.