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Green Oleo S.P.A. Achieves Robust Growth in 2024 Amidst Challenging Market Conditions

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Green Oleo S.P.A. Achieves Robust Growth in 2024 Amidst Challenging Market Conditions

Elevate Your Investing Strategy:

Green Oleo S.P.A. ( (IT:GRN) ) has provided an announcement.

Green Oleo S.P.A. reported significant growth in 2024, with a 24% increase in volumes and an 18% rise in revenues, despite challenging macroeconomic conditions. The company achieved a 94% increase in EBITDA, driven by a strategic focus on esters and fatty acids, improved margins, and reduced raw material costs, positioning itself strongly in the oleochemical industry.

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, listed on Euronext Growth Milan. The company focuses on producing esters, fatty acids, and glycerines, with a strategic emphasis on downstream integration and high-value application areas.

YTD Price Performance: -4.89%

Average Trading Volume: 26,640

Technical Sentiment Signal: Strong Buy

Current Market Cap: €28.3M

For detailed information about GRN stock, go to TipRanks’ Stock Analysis page.

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