tiprankstipranks

Mare Group Reports Strong 2024 Results and Sets Ambitious 2025 Targets

Story Highlights

Mare Engineering Group SpA ( (IT:MARE) ) just unveiled an update.

Mare Group S.p.A. has reported strong financial results for 2024, with a 13.3% increase in production value and a 25.3% rise in adjusted EBITDA. The company has significantly reduced its net debt and plans to distribute a dividend of €0.02 per share. Looking forward to 2025, Mare Group aims to further establish itself as a key player in the Italian engineering sector, with ambitious growth targets and a focus on enhancing human capital and proprietary technological platforms.

More about Mare Engineering Group SpA

Mare Group S.p.A. is a digital engineering company listed on Euronext Growth Milan, operating in Italy and internationally. The company focuses on innovation through enabling technologies, particularly in high-tech sectors such as Aerospace & Defense, sustainable mobility, and critical infrastructures.

YTD Price Performance: -14.06%

Average Trading Volume: 17,162

Technical Sentiment Signal: Strong Buy

Current Market Cap: €57.66M

See more insights into MARE stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App