(Finance) – Orsera company listed on Euronext STAR Milan and active in the import and distribution of fresh fruit and vegetables, fly to Piazza Affari after last night he communicated i results of the first nine months of 2024.
The analysts of Intesa Sanpaolo claim the company reported another set of solid results.
They note that the company also announced its growth project for the Iberian peninsula 2025-29. Specifically, the plan aims to increase sales in Spain and Portugal by approximately 100 million euros through the opening of a new warehouse in Seville, Spain. The initiative is designed to support recent strong growth in these markets for value-added product categories such as avocado, mango and kiwi. The project will be completed by 2029 and is expected to contribute to overall efficiency, with the current warehouse capacity being utilized at 100%. Furthermore, the new facility is expected to provide improved access to the port of Algeciras, a major hub for fresh produce, as well as the Canary Islands and North Africa. Finally, the proximity to Portugal should also offer some operational efficiencies.
Orser it stands at 12.52 euroswith a 7.75% increase. Operationally, expectations are for a continuation of the day in a positive direction with resistance seen in the 12.75 area and subsequently at 13.45. Support at 12.05.