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The latest update is out from Altea Green Power S.p.A. ( (IT:AGP) ).
Altea Green Power S.p.A. announced significant growth in its financial results for 2024, with revenues and EBITDA more than doubling compared to 2023, reflecting the company’s solid business model amid a challenging geopolitical context. The company’s strategic milestones, including a translisting on Euronext STAR Milan, have strengthened its investor relationships, and it anticipates continued growth through investments and the development of new BESS projects, with an order backlog exceeding €150 million and a pipeline capacity over 3 GW.
More about Altea Green Power S.p.A.
Altea Green Power S.p.A. operates in the renewable energy sector, focusing on the development and construction of green energy plants. The company is involved in traditional renewable energy projects such as photovoltaic and wind energy, as well as Battery Energy Storage System (BESS) projects to support energy modulation needs of the national electricity grid.
YTD Price Performance: -13.08%
Average Trading Volume: 64,914
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €99.2M
See more data about AGP stock on TipRanks’ Stock Analysis page.