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Eco Buildings Group ( (GB:ECOB) ) has issued an announcement.
Eco Buildings Group Plc has announced its final results for the year ended 31 December 2024, highlighting significant operational advancements and strategic achievements. The company has successfully automated its production process, reducing production time and costs, and commenced commercial production at its Albanian facility. With over €1 million in revenue from its GFRG business in the last quarter of 2024, Eco Buildings has also received certification for its products in the Latin American markets, marking a crucial step in its expansion strategy. The company raised £827,000 through a share subscription and is poised for growth in 2025, despite challenges related to rapid scaling and market entry.
More about Eco Buildings Group
Eco Buildings Group Plc operates in the construction industry, focusing on precision-engineered modular design and sustainable materials to build homes faster and cheaper than traditional methods. The company targets geographies with high housing demand and deficits, aiming to develop local manufacturing plants globally to reduce transportation costs and emissions.
Average Trading Volume: 252,201
Technical Sentiment Signal: Sell
Current Market Cap: £4.66M
See more data about ECOB stock on TipRanks’ Stock Analysis page.