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Neodecortech Reports Revenue Growth and Proposes Dividend Amidst Strategic Investments

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Neodecortech Reports Revenue Growth and Proposes Dividend Amidst Strategic Investments

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Neodecortech SpA ( (IT:NDT) ) just unveiled an announcement.

Neodecortech S.p.A. has reported a revenue increase of 4.3% for 2024, reaching 168.6 million Euros, driven by strong energy sector performance. The company also saw improvements in EBITDA and net profit margins, despite an increase in net financial debt due to significant investments. A dividend of 15 cents per share has been proposed, with a yield of 5.28%. The company also approved its 2024 Sustainability Report, reflecting its commitment to sustainable practices.

More about Neodecortech SpA

Neodecortech S.p.A. is a leading European company specializing in the production of decorative surfaces for melamine panels and flooring, primarily serving the interior design sector. The company is listed on Euronext Milan, a market managed by Borsa Italiana S.p.A., under the Euronext STAR Milan Segment.

YTD Price Performance: 0.71%

Average Trading Volume: 5,357

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €40.1M

For detailed information about NDT stock, go to TipRanks’ Stock Analysis page.

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