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Mastrad SA ( (FR:ALMAS) ) has issued an update.
MASTRAD announced that the Paris Commercial Court has deliberated on the acceptance of its safeguard plan, which was extended for a second observation period of six months. The decision, expected on March 25, 2025, could significantly impact MASTRAD’s operations and its positioning in the kitchen utensils market, particularly in enhancing its ORKA brand’s offerings.
More about Mastrad SA
Founded in 1994, MASTRAD is a pioneering company in the kitchen utensils industry, specializing in designing and distributing innovative culinary products. The company has shifted its focus to temperature monitoring solutions under the ORKA brand, addressing the food sector’s needs for hygiene, energy savings, and precision cooking.
YTD Price Performance: 64.71%
Average Trading Volume: 1,274,050
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €2.64M
See more insights into ALMAS stock on TipRanks’ Stock Analysis page.