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Rai Way Achieves Record Financial Performance in 2024

Story Highlights
  • Rai Way reported record net profit and dividend for 2024, driven by growth in traditional and digital infrastructure.
  • The company completed edge data centers and a content delivery network, enhancing its market position and sustainability efforts.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Rai Way S.p.A. ( (IT:RWAY) ) has issued an announcement.

Rai Way S.p.A. reported a record net profit and dividend for 2024, the first year under its new Industrial Plan. The company achieved core revenues of €276.1 million, driven by growth in its traditional business and new digital infrastructure projects. Despite increased depreciation and financial charges, Rai Way’s strategic initiatives, including the completion of edge data centers and a content delivery network, contributed to its positive financial performance. The company also maintained its commitment to sustainability, achieving high ESG ratings and using 100% renewable energy. These developments position Rai Way for continued growth in the evolving digital infrastructure market.

More about Rai Way S.p.A.

Rai Way S.p.A. is an operator of integrated digital infrastructures and a provider of services for media content distribution. The company focuses on enhancing digital infrastructure and media content distribution, with a market presence that includes traditional broadcasting and new digital services.

YTD Price Performance: 6.18%

Average Trading Volume: 10,962

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €1.57B

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

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