Sogefi SPA (IT:SGF) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Sogefi S.p.A. reported a 4.6% decline in revenues for the first nine months of 2024, yet achieved substantial profit growth with EBIT rising to €38 million and net profit from continuing activities nearly doubling to €15.1 million. Despite challenging market conditions, the company’s free cash flow from operations turned positive, highlighting improved financial health after the sale of its Filtration division.
For further insights into IT:SGF stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue