12 Best Italian Stocks to Buy in 2025

4) Buzzi S.p.A. (OTC:BZZUY)

Number of Hedge Fund Holders: N/A

Average Upside Potential: ~23.1%

Buzzi S.p.A. (OTC:BZZUY) is engaged in manufacturing, distributing, and selling cement, ready-mix concrete, and aggregates. The company has its headquarters in Casale Monferrato, Italy. On February 7, it released its preliminary results for the financial year 2024, with cement sales coming at 26.3 million tons, in line with last year, and ready-mix concrete sales at 9.7 million cubic meters. While the growth was steady in the US and China, driven respectively by the services sector and exports, in the Eurozone, the economy further weakened, impacted by sluggish domestic consumption and external demand. Buzzi S.p.A. (OTC:BZZUY) stated that sales prices favorably influenced the results.

In Italy, the construction market witnessed a slight strengthening due to the projects associated with the National Recovery and Resilience Plan (PNRR). At the end of the year, employment continued to grow, while inflation was below 2%, aided by the renewed decline in energy prices. Buzzi S.p.A. (OTC:BZZUY) highlighted that the momentum provided by PNRR has been supporting public building projects and infrastructure and continues to favour some segments of the non-residential sector.

Despite improvement in the trends in the latter part of the year, 2024 demonstrated some weakness in demand throughout most of the countries in which Buzzi S.p.A. (OTC:BZZUY) operates, apart from Poland and the Czech Republic. However, this momentum was offset by a favorable development in selling prices. Considering the preliminary available data, Buzzi S.p.A. (OTC:BZZUY) expects that the consolidated financial statements for 2024 will close with a recurring EBITDA of ~€1,270 million.