Mastrad SA (FR:ALMAS) has released an update.
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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.
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