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Redelfi S.p.A. Exceeds 2024 Financial Targets with Strong Growth in Energy Sector

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Redelfi S.p.A. Exceeds 2024 Financial Targets with Strong Growth in Energy Sector

Redelfi S.p.A. ( (IT:RDF) ) has issued an announcement.

Redelfi S.p.A. announced its consolidated financial results for 2024, showcasing significant growth and exceeding its industrial plan guidance. The company reported a production value of €19.8 million, an 81.7% increase from 2023, driven primarily by its focus on the energy market and BESS development. The results reflect strong business acceleration, with EBITDA and EBIT margins improving significantly. The company plans to continue its growth trajectory by expanding its presence in Italy and the US, leveraging strategic investments made in 2024.

More about Redelfi S.p.A.

Redelfi S.p.A. is a company engaged in the development of innovative and sustainable infrastructures to promote energy transition. It focuses on the energy market, specifically in the development of Battery Energy Storage Systems (BESS), with a significant portion of its revenue attributed to this sector. The company is listed on the Euronext Growth Milan segment of Borsa Italiana and has operational headquarters in Genoa.

YTD Price Performance: 18.35%

Average Trading Volume: 41,794

Technical Sentiment Signal: Sell

Current Market Cap: €51.94M

Find detailed analytics on RDF stock on TipRanks’ Stock Analysis page.

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