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Seri Industrial S.p.A. ( (IT:SERI) ) has issued an update.
Seri Industrial S.p.A. reported a significant increase in revenues and operating margins for the year ending December 31, 2024, driven by its strategic investments in the Teverola 2 project and the new Sustainable Mobility division. Despite recording an adjusted consolidated loss, the company has secured substantial financial support and grants to advance its projects, positioning itself for future growth in the sustainable mobility and industrial sectors.
More about Seri Industrial S.p.A.
Seri Industrial S.p.A. operates in the industrial sector, focusing on the production of batteries and plastic materials, with a significant emphasis on sustainable mobility. The company is actively involved in projects aimed at enhancing its technological capabilities and expanding its market presence, particularly through initiatives like the Teverola 2 project and partnerships for plastic recovery.
YTD Price Performance: -13.10%
Average Trading Volume: 346
Technical Sentiment Signal: Buy
Current Market Cap: €108.2M
For detailed information about SERI stock, go to TipRanks’ Stock Analysis page.