Mastrad SA (FR:ALMAS) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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.