Green Oleo S.P.A. ( (IT:GRN) ) just unveiled an update.
Green Oleo S.p.A. held its Shareholders’ Meeting where it approved the financial statements for 2024, despite a net loss of 995,859 euros, which was offset by previous profits. The company reported significant growth in production volumes and revenues, with a notable improvement in EBITDA and a reduction in net financial debt. Additionally, the meeting renewed the company’s buyback plan, authorizing the purchase and disposal of treasury shares to support share liquidity and potential share swaps, as well as to finance share incentive programs.
More about Green Oleo S.P.A.
GREEN OLEO S.p.A. is a leading European producer of fine oleochemicals from renewable and biodegradable sources, headquartered in Cremona. The company was founded in 2012 following the acquisition of its entire capital by the Buzzella Family, with a historical background in oleochemical production since 1923.
Average Trading Volume: 12,180
Technical Sentiment Signal: Sell
Current Market Cap: €24.42M
See more data about GRN stock on TipRanks’ Stock Analysis page.