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Cavotec Group AB ( (SE:CCC) ) has shared an announcement.
Cavotec has secured a EUR 2 million order for its MoorMaster NxG automated vacuum mooring technology from Danish ferry operator Molslinjen A/S. This technology will be implemented at the ports of Odden and Aarhus to support high-capacity battery-powered catamarans, aligning with Denmark’s green transport goals by enabling fast and reliable charging, thus advancing sustainable maritime transport.
The most recent analyst rating on (SE:CCC) stock is a Hold with a SEK14.50 price target. To see the full list of analyst forecasts on Cavotec Group AB stock, see the SE:CCC Stock Forecast page.
More about Cavotec Group AB
Cavotec is a leading engineering company specializing in connection and electrification solutions aimed at decarbonizing ports and industrial applications. With 50 years of experience, Cavotec provides systems that ensure safe, efficient, and sustainable operations for a diverse range of customers globally.
Average Trading Volume: 17,546
Technical Sentiment Signal: Strong Sell
Current Market Cap: SEK1.46B
For detailed information about CCC stock, go to TipRanks’ Stock Analysis page.