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An update from EuroGroup Laminations S.p.A ( (IT:EGLA) ) is now available.
EuroGroup Laminations reported a 7.3% increase in revenues for the first quarter of 2025, driven by growth in the Asian market and contributions from its recent acquisition of Kumar Precision Stampings in India. Despite a decline in EBIT and a negative net result due to higher amortization costs and unrealized exchange losses, the company remains optimistic about its strategic growth plan, focusing on technological leadership and market competitiveness.
The most recent analyst rating on (IT:EGLA) stock is a Hold with a EUR5.00 price target. To see the full list of analyst forecasts on EuroGroup Laminations S.p.A stock, see the IT:EGLA Stock Forecast page.
More about EuroGroup Laminations S.p.A
EuroGroup Laminations S.p.A is a global leader in the design, production, and distribution of laminations and cores for electric motors, generators, and transformers. The company focuses on the electrification trend, providing e-mobility solutions and home and industrial solutions, with a strong market presence in Asia, Europe, and North America.
Average Trading Volume: 581,748
Technical Sentiment Signal: Hold
Current Market Cap: €471.1M
See more data about EGLA stock on TipRanks’ Stock Analysis page.