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The latest announcement is out from Vaziva SA ( (FR:ALVAZ) ).
Vaziva reported significant growth in 2024, with sales increasing by 63% to €41.7 million, driven by the demand for dematerialized social benefits. The primary contributors to this growth were holiday and gift endowments, alongside strategic contracts in various sectors like defense, luxury goods, and industry. The company’s expansion efforts included establishing a stronger regional presence in France and entering new international markets, exemplified by participation in events in France and Barcelona. Looking forward, Vaziva aims to continue its growth trajectory by enhancing its team and expanding in Europe, aspiring to become a leading entity in the dematerialization of social benefits.
More about Vaziva SA
Vaziva is a next-generation issuer specializing in employee benefits such as vacations, gifts, and lunches through an intelligent multi-benefit Mastercard®️. This service is managed for Social and Economic Committees, Human Resources, companies, and local authorities, and utilizes AI to organize social benefit management based on employee spending.
YTD Price Performance: -2.27%
Average Trading Volume: 151
Technical Sentiment Consensus Rating: Sell
See more insights into ALVAZ stock on TipRanks’ Stock Analysis page.
