RES S.p.A. Achieves Robust Financial Growth and Strategic Expansion in 2024

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RES S.p.A. Achieves Robust Financial Growth and Strategic Expansion in 2024

Recupero Etico Sostenibile S.p.A ( (IT:RES) ) has provided an update.

RES S.p.A. reported significant financial growth in 2024, achieving a production value increase of 53.5% to €31.7 million and an adjusted EBITDA of €11.2 million, up 141% from the previous year. The company has successfully expanded its operations with strategic contracts for a chemical recycling plant and a hydrogen production line, enhancing its market position and commitment to innovation in sustainability.

More about Recupero Etico Sostenibile S.p.A

Recupero Etico Sostenibile S.p.A (RES) operates in the Circular Economy sector and environmental sustainability, focusing on waste management and recycling. It is listed on the Euronext Growth Milan market of Borsa Italiana.

YTD Price Performance: -26.84%

Average Trading Volume: 6,076

Technical Sentiment Signal: Hold

See more insights into RES stock on TipRanks’ Stock Analysis page.

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