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iVision Tech Corrects Financial Statement for 2024

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iVision Tech Corrects Financial Statement for 2024

Confident Investing Starts Here:

The latest update is out from Ivision Tech S.P.A. ( (IT:IVN) ).

iVision Tech S.p.A. announced a correction in its consolidated financial statements for 2024, adjusting the ‘Result attributable to third parties’ from a positive to a negative value. This correction is purely formal and does not affect the company’s overall financial results or equity, ensuring accurate representation of data. The adjustment reflects a loss from non-fully controlled companies within the consolidation perimeter, highlighting the company’s commitment to transparency and data consistency.

The most recent analyst rating on (IT:IVN) stock is a Buy with a EUR3.30 price target. To see the full list of analyst forecasts on Ivision Tech S.P.A. stock, see the IT:IVN Stock Forecast page.

More about Ivision Tech S.P.A.

iVision Tech S.p.A. is an innovative SME specializing in the manufacturing of eyeglass frames and sunglasses, particularly in acetate and combined glasses. The company, known for its ‘Made in Italy’ craftsmanship, collaborates with international luxury fashion brands and operates a comprehensive production cycle. It also focuses on research and development for technological innovations in eyewear, including products for the visually impaired. The company has expanded its market presence through acquisitions, including the French brand Henry Jullien and stakes in Bulgarian and Italian companies.

Average Trading Volume: 26,211

Technical Sentiment Signal: Buy

Current Market Cap: €17.7M

Learn more about IVN stock on TipRanks’ Stock Analysis page.

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