Seri Industrial S.p.A. (IT:SERI) has released an update.
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Seri Industrial S.p.A. reported a significant increase in revenue, reaching 139.8 million euros in the first nine months of 2024, marking a 13% rise compared to the same period in 2023. The growth was driven by the company’s new Sustainable Mobility business line and increased sales in the lithium and lead-acid battery segments, despite a decrease in average selling prices in other sectors. This expansion highlights Seri Industrial’s strategic shift and resilience in adapting to market changes.
For further insights into IT:SERI stock, check out TipRanks’ Stock Analysis page.