SIT S.p.A. Reports Revenue Drop Amid Strategic Shift

SIT S.p.A. (IT:SIT) has released an update.

SIT S.p.A. reported consolidated revenues of €222.8 million for the first nine months of 2024, marking an 8% decrease compared to the same period in 2023. Despite the drop, the company saw a reduced net loss of €8.3 million, down from €19.4 million the previous year, attributing improvements to cost reduction efforts and strategic repositioning in high-potential sectors.

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