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Solid World Group S.p.A. ( (IT:S3D) ) just unveiled an update.
SolidWorld Group S.p.A. reported stable financial results for 2024 with a production value of €66.2 million and an EBITDA of €6.5 million. The company is strategically shifting its focus from the solar sector to industrial, biomedical, and defense sectors, which are expected to offer higher growth potential and profitability. This strategic pivot includes the acquisition of Due Pi Greco S.r.l. to strengthen its defense sector presence and the opening of a new headquarters in Dubai to expand its international reach. The deconsolidation of SolidFactory, a subsidiary in the photovoltaic sector, improved profitability and aligns with the company’s strategy to concentrate on core sectors with high growth potential.
The most recent analyst rating on (IT:S3D) stock is a Buy with a EUR6.99 price target. To see the full list of analyst forecasts on Solid World Group S.p.A. stock, see the IT:S3D Stock Forecast page.
More about Solid World Group S.p.A.
SolidWorld Group S.p.A. is an Italian technological company specializing in the integration of advanced 3D digital solutions and artificial intelligence. The company focuses on strategic and next-generation industrial sectors, including industrial, defense, and biomedical markets.
Average Trading Volume: 82,904
Technical Sentiment Signal: Sell
Current Market Cap: €21.18M
Learn more about S3D stock on TipRanks’ Stock Analysis page.