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An announcement from Metavisio SA ( (FR:ALTHO) ) is now available.
METAVISIO – THOMSON Computing has announced the signing of three new strategic contracts with European distributors, marking a significant step in its expansion strategy across Europe. These agreements, totaling €14 million in initial orders, will enhance the company’s presence in both B2C and B2B markets. To support this growth, METAVISIO has adapted its financing strategy, removing constraints from its agreement with AMERICAN AI AND HARDWARE INVESTMENTS LTD to ensure faster financing of new orders. This move is expected to bolster the company’s operations, allowing it to reduce debt, increase its workforce, and continue developing innovative product ranges.
More about Metavisio SA
METAVISIO – THOMSON Computing is a French company founded in 2013, specializing in the research, design, and marketing of laptops under the THOMSON Computing brand. The company focuses on providing high-performance and accessible products equipped with the latest technologies at competitive prices. METAVISIO is recognized as an Innovative Company and is eligible for the PEA-PME.
YTD Price Performance: -69.35%
Average Trading Volume: 1,910,063
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €3.34M
For a thorough assessment of ALTHO stock, go to TipRanks’ Stock Analysis page.