Gismondi 1754 S.p.A. (IT:GIS) has released an update.
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Gismondi 1754, a high-end jewelry company, reported an 8% increase in third-quarter 2024 sales to €2.6 million, driven by strong growth in European wholesale and new markets like Hong Kong. Despite this quarterly rise, overall sales for the first nine months of 2024 fell by 6% due to a second-quarter dip, with notable shifts in sales channels and geographic performance, including a stark decline in the U.S. market.
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