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Reway Group Approves 2024 Financials and Appoints New Auditors

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Reway Group Approves 2024 Financials and Appoints New Auditors

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Reway Group SpA ( (IT:RWY) ) has shared an update.

The Ordinary Shareholders’ Meeting of Reway Group approved the financial statements for 2024, highlighting significant growth with a production value of 232.3 million Euros and a robust order backlog of 1,044 million Euros. The meeting also appointed a new Board of Statutory Auditors and discussed the financial impacts of recent acquisitions, including Vega Engineering and Gema, which have contributed to increased financial debt but also enhanced the company’s market position.

More about Reway Group SpA

Reway Group S.p.A. is the largest Italian operator in the field of road and highway infrastructure rehabilitation and uniquely focuses on railway network maintenance as part of its core business.

YTD Price Performance: 8.63%

Average Trading Volume: 6,056

Technical Sentiment Signal: Sell

Current Market Cap: €257.4M

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

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