TPS S.p.A. Reports Strong 2024 Financial Results and Renews Audit Contract

TPS S.p.A. ( (IT:TPS) ) has provided an update.

TPS S.p.A. has approved its 2024 financial statements, reporting a revenue increase to €52.3 million, an 8.3% rise from the previous year, and a net profit growth of 26% to €4.5 million. The company has also renewed its legal audit assignment to Audirevi S.p.A. for the next three years, reflecting stability and continuity in its financial oversight.

More about TPS S.p.A.

TPS S.p.A. is the operating holding of the TPS Group, a leader in technical and engineering services primarily in the aeronautical sector, with a focus on helicopters. The company also operates in automotive, defense, railway, naval, and cable transport systems sectors, providing services like Technical Publishing & Training, Engineering, Design and Cost Engineering, Avionic Software Development and Systems Integration, and Digital Content Management.

YTD Price Performance: 4.11%

Average Trading Volume: 3,500

Technical Sentiment Signal: Sell

Current Market Cap: €55.17M

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