Gefran SPA (IT:GE) has released an update.
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Gefran S.p.A. reported a slight revenue decrease to €100.6 million for the first nine months of 2024, despite a challenging macroeconomic environment. The company maintained positive EBIT and EBITDA figures, with net profits showing an upward trend, highlighting strong product performance and service quality. While facing regional revenue declines, Gefran experienced significant growth in the Asian market and anticipates continued positive financial results for the remainder of the year.
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