Pinewood Technologies ( (GB:PINE) ) just unveiled an announcement.
Pinewood Technologies Group PLC announced it will release its full-year results for the eleven months ended 31 December 2024 on 1 April 2025. The announcement highlights Pinewood’s strategic initiatives, including its recent independence and partnership with Lithia Motors Inc., which positions the company for growth in the North American market. This development is significant for stakeholders as it reflects Pinewood’s commitment to expanding its global footprint and enhancing its service offerings in the automotive software industry.
More about Pinewood Technologies
Pinewood Technologies Group PLC is a leading cloud-based software provider for the automotive industry, offering a comprehensive automotive intelligence platform. Established in 1981 and headquartered in the UK, Pinewood serves over 30,000 users across 21 countries and collaborates with more than 50 OEM brands. The company became independent in 2024 after separating from Pendragon PLC and has formed a strategic partnership with Lithia Motors Inc. to expand its market presence in North America.
YTD Price Performance: -6.96%
Average Trading Volume: 260,484
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £326.5M
See more data about PINE stock on TipRanks’ Stock Analysis page.