Mastrad SA (FR:ALMAS) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Mastrad SA has announced the extension of its safeguard procedure observation period by an additional six months to January 16, 2025, as it reviews the impact of its commercial strategy and prepares to launch two new products in the latter half of 2024. Despite challenges from the cessation of Yummly’s activities, the company is seeing growth in online sales and royalties and remains optimistic about regaining major clients and returning to profitability.
For further insights into FR:ALMAS stock, check out TipRanks’ Stock Analysis page.