Sogefi SPA (IT:SGF) has released an update.
Sogefi S.p.A. reported a 4.6% decline in revenues for the first nine months of 2024, yet achieved substantial profit growth with EBIT rising to €38 million and net profit from continuing activities nearly doubling to €15.1 million. Despite challenging market conditions, the company’s free cash flow from operations turned positive, highlighting improved financial health after the sale of its Filtration division.
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