Pattern S.P.A ( (IT:PTR) ) has shared an announcement.
Pattern S.p.A’s preliminary data for 2024 shows stable revenues at €125.8 million, despite a significant drop in the leather goods sector, thanks to mergers and acquisitions that offset this decline. The company’s financial position turned negative due to major investments, including acquisitions and a new headquarters, but Pattern remains committed to industrial, technological, and ESG investments to strengthen its market resilience.
More about Pattern S.P.A
Pattern S.p.A, established in 2000 by Franco Martorella and Fulvio Botto, is a prominent Italian company in the design, engineering, and production of fashion show garments for top international luxury fashion brands. The company, which went public on the Euronext Growth Milan market in 2019, has expanded by acquiring 10 companies specializing in luxury fashion. With a focus on sustainability and innovation, Pattern is notable for being the first Italian firm in the sector to receive the SA8000/Social Accountability Certification and an ESG Rating.
YTD Price Performance: 14.88%
Average Trading Volume: 4,222
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €78.12M
Find detailed analytics on PTR stock on TipRanks’ Stock Analysis page.