Promotica S.P.A. ( (IT:PMT) ) has issued an announcement.
Promotica S.p.A. reported a 13.7% increase in revenues for 2024, reaching €96.0 million, despite facing challenges such as increased delivery costs and financial exposure due to transportation difficulties. The company’s international division played a significant role in this growth, expanding its presence in Eastern and Northern Europe, as well as new markets like Poland, Romania, Australia, Taiwan, and Hong Kong. However, the EBITDA margin declined to 6.3% from 9.2% due to higher costs associated with strengthening the foreign commercial structure. The company aims to continue expanding its international market presence and consolidate its position in the Italian market, with new loyalty projects planned for the future.
More about Promotica S.P.A.
Promotica S.p.A. is a loyalty agency specializing in marketing solutions aimed at increasing sales, loyalty, and brand advocacy. The company is listed on Euronext Growth Milan and focuses on creating customer loyalty campaigns both in the Italian market and internationally, with a presence in over 20 countries.
YTD Price Performance: -8.62%
Average Trading Volume: 7,933
Technical Sentiment Signal: Buy
Current Market Cap: €35.96M
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