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Inwit Reports Strong 2024 Growth and Unveils Ambitious Investment Plan

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Inwit Reports Strong 2024 Growth and Unveils Ambitious Investment Plan

Inwit ( (IT:INW) ) has shared an update.

Inwit has reported significant growth in its financial and industrial indicators for 2024, with a notable increase in revenues and EBITDAaL. The company plans to invest 1.5 billion euros in digital infrastructure from 2025 to 2030, aiming to strengthen its market position and drive growth in the telecom industry. Inwit has also announced a comprehensive shareholder remuneration plan, including dividends and share buybacks, while maintaining a stable financial leverage. The company’s strategic focus includes expanding its tower network, enhancing indoor coverage, and investing in smart city projects, positioning itself as a leader in the ongoing telecom transformation.

More about Inwit

Inwit operates in the telecommunications industry, focusing on digital infrastructure. The company specializes in providing tower infrastructure and services, with a strong emphasis on expanding its network of towers and enhancing connectivity solutions.

YTD Price Performance: 0.61%

Average Trading Volume: 84,786

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €9.2B

For a thorough assessment of INW stock, go to TipRanks’ Stock Analysis page.

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