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Feintool International Holding AG ( (CH:FTON) ) just unveiled an announcement.
Feintool International Holding AG announced significant changes in its Board of Directors following the General Meeting on April 29, 2025. Norbert Indlekofer was elected as the new Chairman, with Matthias Holzammer joining as a new member. The meeting also saw the approval of the 2024 annual report and financial statements, and the decision not to distribute a dividend due to the earnings situation. These changes are expected to influence Feintool’s strategic direction and operational focus, particularly in the automotive and energy sectors.
More about Feintool International Holding AG
Feintool is an international leader in electrical sheet stamping, fine blanking, and forming, producing high-quality precision parts primarily for the automotive, industrial applications, and energy sectors. Founded in 1959 and headquartered in Switzerland, Feintool operates 18 production sites globally with around 3,100 employees. The company is publicly listed and majority-owned by the Artemis Group.
YTD Price Performance: -11.53%
Technical Sentiment Signal: Buy
Current Market Cap: $188M
For a thorough assessment of FTON stock, go to TipRanks’ Stock Analysis page.