Eco Buildings Group (GB:ECOB) has released an update.
Eco Buildings Group PLC has successfully raised £450,000 through new share subscriptions to fund the completion of a major order for wall panels and to support additional upcoming contracts. With upgraded factory equipment, the company is poised to start deliveries to its home building customers, expecting to generate over €114 million in revenue over the next three years. The capital increase is a strategic move to solidify the company’s position in the modular housing market, with the CEO expressing confidence in the firm’s innovative and competitive business model.
For further insights into GB:ECOB stock, check out TipRanks’ Stock Analysis page.
