EuroGroup Laminations S.p.A ( (IT:EGLA) ) has provided an update.
EuroGroup Laminations S.p.A. held its Ordinary Shareholders’ Meeting, approving the financial statements for 2024, which showed increased revenues and net profit compared to the previous year. The meeting also resolved to distribute dividends, approved a remuneration policy, authorized the purchase and disposal of treasury shares, and introduced a free share allocation plan for 2025-2027, indicating strategic growth and shareholder value enhancement.
More about EuroGroup Laminations S.p.A
EuroGroup Laminations S.p.A. is a global leader in the design, production, and distribution of stators and rotors for electric motors and generators, focusing on the EV and automotive sectors.
YTD Price Performance: -11.44%
Average Trading Volume: 573,406
Technical Sentiment Signal: Buy
Current Market Cap: €403.1M
Learn more about EGLA stock on TipRanks’ Stock Analysis page.