Unieuro S.p.A. (IT:UNIR) has released an update.
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Unieuro S.p.A., Italy’s leading consumer electronics distributor, reported a tripling of its operating profit in the first half of FY25, despite a 4.2% decline in revenues compared to the previous year. This improvement is attributed to strategic focus on higher-margin sales channels, cost efficiencies, and contributions from the newly-acquired Covercare. The company remains optimistic about surpassing Euro 40 million in adjusted EBIT for the full fiscal year.
For further insights into IT:UNIR stock, check out TipRanks’ Stock Analysis page.
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