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Coral Products ( (GB:CRU) ) has issued an announcement.
Coral Products plc announced the completion of a Sale and Leaseback transaction for two freehold properties, generating gross proceeds of £1.7 million to reduce debt and strengthen working capital. Additionally, Paul Rice was appointed as Group Finance Director following compliance checks, enhancing the company’s executive team.
More about Coral Products
Coral Products plc is a group of specialist businesses involved in the design, UK manufacture, and omni-channel supply of a wide range of bespoke plastic products. Based in Wythenshawe, Manchester, the company focuses on providing customized plastic solutions to various markets.
YTD Price Performance: -8.00%
Average Trading Volume: 114,911
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £5.12M
See more insights into CRU stock on TipRanks’ Stock Analysis page.