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Spindox S.p.A Achieves Double-Digit Growth in 2024 Financial Results

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Spindox S.p.A Achieves Double-Digit Growth in 2024 Financial Results

Spindox S.P.A ( (IT:SPN) ) has issued an announcement.

Spindox S.p.A has reported significant growth in its 2024 financial results, with revenues and profitability increasing by double digits. The company’s production value rose by 11.9% to 111.8 million euros, driven by expansion in strategic sectors and a 75% increase in cybersecurity services. The acquisition of a majority stake in Six Consulting S.r.l. also contributed to this growth. The company’s EBITDA improved by 37.4%, attributed to high-margin activities in artificial intelligence and effective cost control strategies.

More about Spindox S.P.A

Spindox S.p.A is an Italian leader in frontier technology consulting, focusing on ICT services and digital transformation technologies. The company operates in strategic sectors such as Banking & Insurance, Automotive, Transportation & Logistics, and Utilities, with a strong emphasis on cybersecurity through its subsidiary Oplium Italia S.r.l.

YTD Price Performance: -3.11%

Average Trading Volume: 4,186

Technical Sentiment Signal: Buy

Current Market Cap: €59.18M

See more insights into SPN stock on TipRanks’ Stock Analysis page.

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