Newlat Food S.p.A. (IT:NWL) has released an update.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Newlat Food S.p.A. has achieved a milestone with its revenue reaching 2.03 billion Euros and a significant net profit increase to 170.8 million Euros, driven by strong organic growth and the integration of Princes Group. The company’s financial performance in Q3 2024 shows a robust recovery, with expectations to continue this trend, aiming for an EBITDA between 210 and 220 million Euros in 2025. This growth is complemented by strategic operational changes under Angelo Mastrolia’s leadership.
For further insights into IT:NWL stock, check out TipRanks’ Stock Analysis page.