Nexi S.p.A. (IT:NEXI) has released an update.
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Nexi S.p.A. reported a strong financial performance for the first nine months of 2024, with revenues of €2,571.6 million, marking a 5.6% year-on-year increase, and EBITDA up 7.3% to €1,349.9 million. The company’s Merchant Solutions segment drove significant growth, benefiting from a shift to digital payments and strategic initiatives to expand its customer base. Additionally, Nexi completed a €500 million share buyback and finalized the sale of its eID business in the Nordic countries.
For further insights into IT:NEXI stock, check out TipRanks’ Stock Analysis page.