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Indel B S.p.A. ( (IT:INDB) ) has issued an announcement.
Indel B S.p.A. reported a challenging year in 2024 with consolidated revenues of 203.5 million euros, marking a 10% decline from the previous year. Despite the downturn, the company remains committed to its industrial investment plan to expand production capacity and innovate its offerings. The Board of Directors approved a dividend proposal of 0.80 Euro per share and highlighted the company’s solid financial structure and strong customer relationships as key factors in maintaining its competitive position. The automotive and leisure markets saw significant revenue declines, while the components and spare parts market experienced growth.
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 the Automotive, Hospitality, and Leisure time sectors such as boating and recreational vehicles.
YTD Price Performance: -12.50%
Average Trading Volume: 253
Technical Sentiment Signal: Buy
Current Market Cap: €108.5M
See more data about INDB stock on TipRanks’ Stock Analysis page.