doValue rises on Greece, Cyprus debt collection mandates

doValue

20/01/2025 08:37

** Shares in doValue  DOVA.MI  rise as much as 5.9% after
the Italian debt collector signed mandates in Greece and Cyprus
for a total gross book value of 1.6 bln euros ($1.65 bln)
    ** The news increases visibility for the 2025 guidance of
about 8 bln euros of new mandates per year, excluding Gardant,
Equita brokerage says
    ** Equita adds "the Hellenic region remains in the short
term the most dynamic market in terms of flows" for doValue
    ** By 0833 GMT the stock pares some gains, up 1.4%

($1 = 0.9696 euros)

 (Reporting by Romolo Tosiani)
 ((Romolo.Tosiani@tr.com))