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Lemon Sistemi S.P.A. ( (IT:LS) ) has issued an update.
In 2024, Lemon Sistemi shifted its strategic focus towards the development of photovoltaic parks, resulting in a slowdown of its traditional activities. This move aligns with European sustainability regulations and aims to capitalize on the growing demand for renewable energy. Despite a challenging year marked by the end of the Superbonus 110% incentives, the company saw improvements in the second half of the year, particularly in residential photovoltaic sales. The company’s pipeline for photovoltaic park projects grew by 30%, and it aims to generate long-term value for shareholders through this strategic repositioning.
More about Lemon Sistemi S.P.A.
Lemon Sistemi S.P.A. specializes in the design, supply, and installation of photovoltaic, thermohydraulic, and storage systems, as well as energy efficiency solutions. The company is focused on the renewable energy sector, particularly in developing photovoltaic parks, with a significant emphasis on the Sicilian market.
YTD Price Performance: -18.08%
Average Trading Volume: 10,576
Technical Sentiment Signal: Buy
For a thorough assessment of LS stock, go to TipRanks’ Stock Analysis page.