Zignago Vetro SpA ( (IT:ZV) ) just unveiled an update.
Zignago Vetro S.p.A. reported a 12% decline in revenues for 2024, with sales volumes increasing but margins reducing from the previous year’s record levels. The company saw a significant drop in EBITDA, EBIT, and net profit, with proposed dividends also decreasing by 40% compared to 2023. Despite these financial challenges, the company continues to focus on its sustainability goals.
More about Zignago Vetro SpA
Zignago Vetro S.p.A. is a company listed on the Euronext STAR Milan market, specializing in the production of high-quality glass containers for the Food and Beverage, Cosmetics and Perfumery industries, as well as Speciality Glass bottles for wines and spirits. The company operates in both domestic and international markets and is also involved in the collection and treatment of raw glass for reuse and the construction of moulds for container production.
YTD Price Performance: 6.06%
Average Trading Volume: 231
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €883.9M
For a thorough assessment of ZV stock, go to TipRanks’ Stock Analysis page.