Clessidra Factoring: supporting growing SMEs
Clessidra Factoring, the leading financial operator for small and medium-sized enterprises (SMEs), has recently published the results for the first nine months of 2024. With a net profit of 3 million euros, the company surpassed the result of the entire previous year, demonstrating a solid performance.
The turnover reached 646.5 million euros, while the amount of credits amounted to 215 million euros and the loans to 190 million euros.
The quality of the loan portfolio was defined as high, with a total capital ratio of 11.9%. These results highlight Clessidra’s commitment to supporting SMEs, even in phases of recovery, thus contributing to the economic stability
of the sector.
Walmart: growth beyond expectations
In the third quarter of 2024, Walmart reported a significant increase in profits and sales, exceeding analysts’ forecasts. The company revised its growth estimates for the 2025 financial year upwards, expecting an increase in consolidated net sales of between 4.8% and 5.1%. This result is particularly relevant in an uncertain global economic environment, where companies must adapt quickly to new market dynamics
.
Walmart continues to demonstrate its resilience, investing in innovation and improving the customer experience, key elements for maintaining competitiveness in the retail sector.
Asian market trends and inflation in the Eurozone
Chinese stock markets closed higher, pending the decision on interest rates by the Chinese central bank. Shanghai and Shenzhen recorded significant increases, driven by the high-tech sector, which continues to show signs of strength despite
global challenges.
In Europe, inflation stabilized at 2% year-on-year for October 2024, as reported by Eurostat. Core inflation, which excludes the most volatile components, remains at 2.7%. These data suggest some economic stability, but also the need to closely monitor future trends, especially in a context of potential interest rate increases
.
Finally, the Tokyo Stock Exchange closed higher, supported by securities from the banking and financial sector, with Nikkei gaining 0.5%. Expectations of a rate increase by the Bank of Japan have fueled optimism in the market, highlighting the importance of monetary policies in determining
market trends.