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Landi Renzo publishes audit report on 2024 consolidated financial statements
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Landi Renzo publishes audit report on 2024 consolidated financial statements
  • Landi Renzo released PwC’s independent audit report on its consolidated financial statements for the year ended Dec. 31, 2024.
  • PwC issued an unqualified opinion, stating the statements present a true and fair view under EU-adopted IFRS.
  • Material uncertainty flagged on going concern, tied to completion of the Westport Fuel Systems Italia transaction by end-October 2026.
  • Key audit matter: goodwill recoverability; goodwill totaled EUR 46.3 million post-impairment, with EUR 33.8 million impairment allocated to Green Transportation.
  • Other key audit focus: impairment testing methods for Green Transportation (market multiples) versus Clean Tech Solutions (DCF), with disclosures reviewed.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Landi Renzo S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 159265.pdf), on September 10, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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