Mare Group Approves 2024 Financials and Dividend, Appoints New Auditor

The latest update is out from Mare Engineering Group SpA ( (IT:MARE) ).

Mare Group S.p.A. held its Ordinary Shareholders’ Meeting, approving the financial statements for 2024 and announcing a dividend distribution of €0.02 per share. The company reported a production value of €44.6 million, marking a 13% growth from the previous year, and an adjusted EBITDA of €13.2 million, reflecting a 25.3% increase. The meeting also resolved to appoint Deloitte & Touche S.p.A. for legal auditing and redetermined compensation for non-executive directors and auditors, indicating a focus on financial transparency and governance.

More about Mare Engineering Group SpA

Founded in 2001, Mare Group is a digital engineering company listed on the Euronext Growth Milan market. It operates across the entire value chain of technological innovation, serving over 2,000 clients with more than 300 employees across 16 locations. The company is a significant player in the Italian innovation ecosystem, focusing on R&D investments and strategic acquisitions to enhance its product portfolio and market presence.

Average Trading Volume: 30,337

Technical Sentiment Signal: Strong Buy

Current Market Cap: €63.95M

Learn more about MARE stock on TipRanks’ Stock Analysis page.