MARR S.p.A. (IT:MARR) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
MARR S.p.A. reported a slight decrease in total consolidated revenues and net profit for the first nine months of 2024 compared to the same period in 2023, with revenues at 1,610.5 million euros and a net profit of 36.0 million euros. Despite these declines, October sales showed an acceleration across all customer segments, indicating potential recovery. The company’s financial results were influenced by product pricing dynamics and efforts to manage food inflation impacts.
For further insights into IT:MARR stock, check out TipRanks’ Stock Analysis page.