Solutions Capital Management SIM S.p.A. (IT:SCM) has released an update.
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Solutions Capital Management SIM S.p.A. reported strong financial results for the first nine months of 2024, with active commissions rising by 26% to €6.9 million and a net result of €292,000, marking a significant turnaround from the previous year’s negative figures. The company’s performance was bolstered by substantial growth in insurance and performance commissions, despite a decrease in assets under control. These results highlight SCM SIM’s robust growth trajectory in the financial advisory market.
For further insights into IT:SCM stock, check out TipRanks’ Stock Analysis page.