Hitachi,Ltd. ( (JP:6501) ) has issued an announcement.
Hitachi, Ltd. reported a 1% increase in consolidated revenues for fiscal 2024, reaching 9,783.3 billion yen, driven by strong domestic demand for digital transformation and the expansion of its Lumada business. The company saw significant growth in adjusted operating income and EBITA, attributed to robust performances in its Digital Systems & Services, Green Energy & Mobility, and Connective Industries sectors, as well as the acquisition of Thales GTS, indicating a positive impact on its financial health and market positioning.
More about Hitachi,Ltd.
Hitachi, Ltd. is a multinational conglomerate company based in Tokyo, Japan, operating in various sectors including digital systems and services, green energy and mobility, and connective industries. The company focuses on digital transformation, energy solutions, and transportation systems, with a strong emphasis on expanding its Lumada business.
YTD Price Performance: 6.42%
Average Trading Volume: 39,937
Technical Sentiment Signal: Sell
Current Market Cap: $118.9B
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