Intred SpA ( (IT:ITD) ) just unveiled an update.
Intred S.p.A. reported a revenue increase of 10.3% to €55.2 million in 2024, driven by investments in its proprietary network and strategic acquisitions, including Connecting Italia. The company’s EBITDA reached €24.0 million, marking its best result with a 43% margin. Despite a decrease in net profit due to higher investments and financial charges, Intred’s network expansion and strategic initiatives have strengthened its market positioning. The company plans to continue focusing on infrastructure investments and market consolidation, with an emphasis on its Data Center project and brand visibility.
More about Intred SpA
Intred S.p.A. is a telecommunications operator listed on the Euronext Growth Milan market of Borsa Italiana. The company focuses on providing Ultra Broadband services and has a strong presence in Lombardy, Italy. Intred is committed to expanding its network and enhancing its market position through strategic acquisitions and infrastructure investments.
YTD Price Performance: 9.85%
Average Trading Volume: 6,297
Technical Sentiment Signal: Sell
Current Market Cap: €173.4M
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