Mastrad SA (FR:ALMAS) has released an update.
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Mastrad SA has shown a notable improvement in its financial results for the 2023-2024 fiscal year, despite a significant drop in turnover due to its strategic refocusing on temperature probes. The company reduced its net loss significantly and is optimistic about its future with plans to launch new products and expand its market presence, particularly in the US. The transition includes launching an e-commerce platform and developing new temperature measurement products for kitchen appliances.
For further insights into FR:ALMAS stock, check out TipRanks’ Stock Analysis page.

