The latest update is out from Mare Engineering Group SpA ( (IT:MARE) ).
Mare Group S.p.A. has reported significant financial growth for 2024, with a 13.3% increase in Value of Production and a 25.3% rise in Adjusted EBITDA. The company has also significantly reduced its net debt from €25.1 million to €1.3 million. Looking forward to 2025, Mare Group aims to further establish itself as a leading engineering player in Italy, with ambitious growth targets including a potential 34.5% increase in Value of Production and a focus on sustainable value generation through investment in human capital and proprietary technology platforms.
More about Mare Engineering Group SpA
Mare Group S.p.A. is a digital engineering company listed on Euronext Growth Milan, operating both in Italy and internationally. The company focuses on innovation through enabling technologies, with a strong emphasis on high-tech sectors such as Aerospace & Defense, sustainable mobility, and critical infrastructure.
YTD Price Performance: -14.06%
Average Trading Volume: 17,162
Technical Sentiment Signal: Strong Buy
Current Market Cap: €57.66M
Find detailed analytics on MARE stock on TipRanks’ Stock Analysis page.