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Biesse SPA ( (IT:BSS) ) just unveiled an update.
Biesse S.p.A. announced the resignation of Prof. Massimiliano Bruni, an independent non-executive director and member of the Control, Risks and Sustainability Committee, due to personal reasons. The company will compensate him according to the Remuneration Policy for his tenure, with no additional severance benefits. The Board of Directors plans to appoint a new director soon. This change in the board may impact the company’s strategic direction and governance, but the immediate effect on operations or stakeholders is not specified.
The most recent analyst rating on (IT:BSS) stock is a Hold with a EUR9.50 price target. To see the full list of analyst forecasts on Biesse SPA stock, see the IT:BSS Stock Forecast page.
More about Biesse SPA
Biesse S.p.A. is an international company specializing in the production of integrated lines, machines, and components for processing materials such as wood, glass, stone, plastic, and composites. Founded in Italy in 1969, it is listed on the Euronext STAR segment of the Italian Stock Exchange. The company serves clients in the furniture, furnishing & construction, automotive, and aerospace sectors, with approximately 80% of its revenue generated from international markets. Biesse operates with a global network, including three production areas and commercial showrooms in 19 countries, supported by over 3,800 employees.
Average Trading Volume: 65,876
Technical Sentiment Signal: Sell
Current Market Cap: €207.7M
Find detailed analytics on BSS stock on TipRanks’ Stock Analysis page.