FAE Technology Approves 2024 Financials and Appoints New Board

Fae Technology S.P.A ( (IT:FAE) ) has shared an announcement.

FAE Technology S.p.A. held its Ordinary Shareholders’ Meeting, where it approved the financial statements for 2024 and appointed a new Board of Directors for 2025-2027. The company reported significant financial growth, with a notable increase in revenues and a substantial reduction in net financial debt. The appointment of Angelo Radici to the Board is expected to enhance the company’s strategic direction and growth, reflecting a strong commitment to ethical leadership and professional expertise.

The most recent analyst rating on (IT:FAE) stock is a Buy with a EUR5.20 price target. To see the full list of analyst forecasts on Fae Technology S.P.A stock, see the IT:FAE Stock Forecast page.

More about Fae Technology S.P.A

FAE Technology S.p.A. is an Italian industrial group operating in the electronics sector and is listed on the Euronext Growth Milan market of Borsa Italiana. The company focuses on providing electronic solutions and services, positioning itself as a key player in the electronics industry.

Average Trading Volume: 13,813

Technical Sentiment Signal: Sell

Current Market Cap: €49.66M

See more data about FAE stock on TipRanks’ Stock Analysis page.