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An announcement from Nusco SpA ( (IT:NUS) ) is now available.
Nusco S.p.A. held its Ordinary Shareholders’ Meeting, where it approved the financial statements for 2024, despite facing a challenging market environment that led to a 17.31% decrease in net revenues. The company managed to maintain an adjusted EBITDA margin higher than its main competitors, demonstrating resilience in a difficult market. The consolidated financial statements showed a decrease in net revenues by 9.57%, primarily due to the cessation of tax incentives in Italy, although the subsidiary Pinum recorded a positive performance. The company’s net financial debt increased slightly, while its net equity showed a modest rise.
More about Nusco SpA
Nusco S.p.A. is a company engaged in the production and marketing of interior doors and frames made from wood, PVC, aluminum, and iron under the ‘NUSCO’ brand. It is listed on the Euronext Growth Milan segment of Borsa Italiana S.p.A.
YTD Price Performance: -16.29%
Average Trading Volume: 34,298
Technical Sentiment Signal: Buy
Current Market Cap: €15.26M
Find detailed analytics on NUS stock on TipRanks’ Stock Analysis page.