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Indel B S.p.A. Approves 2024 Financials and Dividend Amid Revenue Decline

Story Highlights
  • Indel B S.p.A. specializes in refrigeration and air conditioning systems for mobile markets.
  • The company approved 2024 financials, a dividend, and share buybacks amid revenue decline.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Indel B S.p.A. Approves 2024 Financials and Dividend Amid Revenue Decline

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The latest announcement is out from Indel B S.p.A. ( (IT:INDB) ).

Indel B S.p.A.’s Shareholders’ Meeting approved the 2024 financial statements, reporting a revenue decline to Euro 124.9 million and a net profit of Euro 7.2 million. The meeting also approved a dividend distribution of Euro 0.80 per share and authorized the purchase and disposal of own shares, reflecting strategic financial management amid challenging market conditions.

The most recent analyst rating on (IT:INDB) stock is a Buy with a EUR28.60 price target. To see the full list of analyst forecasts on Indel B S.p.A. stock, see the IT:INDB Stock Forecast page.

More about Indel B S.p.A.

Indel B S.p.A. is a company listed on the EXM of Borsa Italiana, specializing in the production of refrigeration and air conditioning systems for mobile and mobile living markets, including automotive, hospitality, and leisure sectors such as boating and recreational vehicles.

Average Trading Volume: 1,540

Technical Sentiment Signal: Sell

Current Market Cap: €115.9M

For an in-depth examination of INDB stock, go to TipRanks’ Stock Analysis page.

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