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Promotica Approves Supply Contract with Coltellerie Berti

Story Highlights
  • Promotica has approved a supply contract with Coltellerie Berti for up to €7,000,000.
  • The contract aims to enhance Promotica’s promotional programs with specialized products.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Promotica Approves Supply Contract with Coltellerie Berti

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An announcement from Promotica S.P.A. ( (IT:PMT) ) is now available.

Promotica S.p.A. has approved a framework resolution for a supply contract with Coltellerie Berti S.r.l., a related party, allowing the use of the ‘Coltellerie Berti’ brand and the supply of cutting tools and kitchen instruments for up to €7,000,000 over 12 months. This agreement is part of Promotica’s strategy to enhance its promotional and loyalty programs by incorporating specialized products, potentially strengthening its market position and stakeholder value.

The most recent analyst rating on (IT:PMT) stock is a Buy with a EUR7.50 price target. To see the full list of analyst forecasts on Promotica S.P.A. stock, see the IT:PMT Stock Forecast page.

More about Promotica S.P.A.

Promotica S.p.A. is a prominent Italian company in the loyalty sector, listed on the Euronext Growth Milan market since November 2020. Founded in 2003 by Diego Toscani, the company specializes in providing comprehensive consultancy services for promotional planning and development across various sectors including Retail, Food, Pharmaceutical, and Services. Promotica manages all phases of promotional operations, from design to execution, and reported consolidated revenues of €96.0 million in 2024.

Average Trading Volume: 9,428

Technical Sentiment Signal: Buy

Current Market Cap: €36.64M

See more data about PMT stock on TipRanks’ Stock Analysis page.

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