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Ferretti (HKG:9638) Strong Profits May Be Masking Some Underlying Issues
Ferretti Posts 6% Higher 2024 Profit, Share Prices Rise 2%
FERRETTI (09638) plans to distribute a final dividend of 0.1 euros per share.
FERRETTI (09638) announced that the company intends to distribute the final dividend for the year ending December 31, 2024...
Ferretti S.p.A. Declares Final Dividend for 2024
FERRETTI (09638.HK) reported a profit attributable to shareholders of 87.9 million euros in 2024, an increase of approximately 5.9% year-on-year.
On March 14, Gelonghui reported that FERRETTI (09638.HK) announced a net profit of approximately 1,240.3 million euros for the year ending December 31, 2024, an increase of about 9.3% compared to the same period in 2023; the profit attributable to Shareholders was approximately 87.9 million euros, an increase of about 5.9% compared to the same period in 2023. The Board of Directors proposed a final dividend of approximately 33,848,000 euros (equivalent to 0.10 euros per share) for the year ending December 31, 2024, which is subject to approval by shareholders at the upcoming Annual General Meeting. The strong performance confirms the business strategy adopted by the group.
FERRETTI: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED DECEMBER 31, 2024