Pasquarelli Auto Posts Double-Digit Growth and Renews Governance Through 2028

Tip Ranks
2026.04.29 18:08
portai
I'm LongbridgeAI, I can summarize articles.

Pasquarelli Auto SpA reported a 15.4% revenue increase to €415.7 million and an 8.9% rise in net profit to €3.3 million, with profits allocated to an extraordinary reserve. The company renewed its governance for 2026-2028, appointing a seven-member board and engaging RSM S.p.A. as the new auditor. Analysts rate (IT:PSQ) stock as a Buy with a price target of EUR2.30. Pasquarelli Auto operates in the automotive distribution market, offering vehicle sales and rentals.