tiprankstipranks
Trending News
More News >

Borgosesia S.p.A. Reports 2024 Financial Results and Strategic Transition

Story Highlights
Borgosesia S.p.A. Reports 2024 Financial Results and Strategic Transition

Confident Investing Starts Here:

Borgosesia S.p.A. ( (IT:BO) ) has provided an announcement.

Borgosesia S.p.A. reported a consolidated net profit of €4.04 million for 2024, down from €5.64 million in 2023, with significant investments in real estate and alternative sectors. The company is transitioning towards an Alternative Asset Manager model to increase turnover, share risks, and generate recurring fees by involving third-party investors, aiming to enhance its market visibility and asset value.

More about Borgosesia S.p.A.

Borgosesia S.p.A., listed on Euronext Milan, operates in alternative asset management, focusing on special situations like corporate crises and opportunities such as generational transitions or disputes. The company is divided into Borgosesia Real Estate, which enhances real estate investments, and Borgosesia Alternative, which handles financial engineering and movable investments.

YTD Price Performance: -0.69%

Average Trading Volume: 44,212

Technical Sentiment Signal: Buy

Current Market Cap: €22.43M

For detailed information about BO stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App