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Coral Products Secures Three-Year Contract Renewal with Telecom Giant

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Coral Products Secures Three-Year Contract Renewal with Telecom Giant

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Coral Products ( (GB:CRU) ) just unveiled an update.

Coral Products plc announced the renewal of a three-year supply contract with a major international telecommunications group, secured by its subsidiary Tatra Rotalac Limited. The contract, which does not guarantee sales volumes, is expected to generate an aggregate turnover of approximately £12m to £15m by March 2028, reflecting the company’s competitive positioning in the international market.

More about Coral Products

Coral Products plc is a group of specialist businesses based in Wythenshawe, Manchester, focusing on the design, UK manufacture, and omni-channel supply of bespoke plastic products. The company operates through its subsidiary, Tatra Rotalac Limited, providing thermoplastic extrusion and injection moulding solutions across various industries worldwide.

YTD Price Performance: -8.00%

Average Trading Volume: 118,817

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £5.12M

Find detailed analytics on CRU stock on TipRanks’ Stock Analysis page.

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