Servizi Italia S.p.A. (IT:SRI) has released an update.
Servizi Italia S.p.A. reports a modest revenue growth of 1.2% in the first nine months of 2024, reaching €217.7 million, with significant contributions from its laundry and surgical instrument sterilization divisions. Despite a slight dip in net profit, the company improved its EBITDA margin by 70 basis points, reflecting efficient cost management and price adjustments, particularly in Turkey. The financials indicate a mixed performance across different regions, with notable challenges in Brazil but strong recovery in Turkey.
For further insights into IT:SRI stock, check out TipRanks’ Stock Analysis page.
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