The Italian Securities Commission (Consob) published its latest Statistical Bulletin on Italian listed companies in 2024, reporting generally solid profitability for issuers listed on EXM and a confirmed slowdown in profitability among small-cap companies listed on the EGM market. The bulletin frames 2024 as an adjustment year amid normalising interest rates and ongoing geopolitical uncertainty. It notes that EXM-listed companies often improved profitability versus the prior year, supported by greater operating efficiency and resilient margins, particularly in the banking sector and among non-financial companies. Financial leverage declined across most sectors, with insurance as the exception. Dividend policies are described as more balanced overall, with payouts generally stable or moderate where balance-sheet strengthening was prioritised, and more generous where capital strength or the aim of maintaining shareholder remuneration supported it.
Italian Securities Commission (Consob) 2025-07-09
Italian Securities Commission publishes 2024 statistical bulletin on Italian listed companies’ profitability and leverage
The Italian Securities Commission (Consob) released its 2024 Statistical Bulletin, noting solid profitability for EXM-listed companies and a slowdown for small-cap firms on the EGM market. The report describes 2024 as a year of adjustment amid normalizing interest rates and geopolitical uncertainty, with improved profitability driven by operating efficiency and resilient margins. Financial leverage decreased across sectors except insurance, and dividend policies were balanced, reflecting varying priorities in balance-sheet strengthening and shareholder remuneration.