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SBE-Varvit S.p.A. Class A ( (IT:VARV) ) just unveiled an update.
SBE-Varvit S.p.A. reported a decrease in revenues and EBITDA for the first half of 2025, reflecting a challenging market environment. Despite this, the company anticipates a recovery in the second half, aiming for a 2% increase in turnover compared to 2024. The appointment of Michele Riva as the new Group CFO is expected to strengthen financial management, as the company continues to invest in production capacity and commercial organization to consolidate its market position.
The most recent analyst rating on (IT:VARV) stock is a Hold with a EUR8.80 price target. To see the full list of analyst forecasts on SBE-Varvit S.p.A. Class A stock, see the IT:VARV Stock Forecast page.
More about SBE-Varvit S.p.A. Class A
SBE-Varvit S.p.A. is a company involved in the production, distribution, and marketing of fastening components. It is listed on the Euronext Growth Milan market and focuses on enhancing its industrial efficiency and technological capabilities.
Average Trading Volume: 1,008
Technical Sentiment Signal: Strong Sell
Current Market Cap: €630.5M
For detailed information about VARV stock, go to TipRanks’ Stock Analysis page.