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Pyrum Innovations AG Sees Sales Rise Amidst Executive Changes
Company Announcements

Pyrum Innovations AG Sees Sales Rise Amidst Executive Changes

Pyrum Innovations AG (DE:PYR) has released an update.

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Pyrum Innovations AG reported a significant increase in sales for the first half of 2024, achieving EUR 708 thousand, a 41.3% rise from the previous year, but saw a consolidated net loss increase to EUR -4,787 thousand. The company is focused on their industrial-scale plant’s operations and expects to see these efforts reflected in future financials. Additionally, there’s been an executive board change with Michael Kapf stepping down but remaining with the company in an IT role.

For further insights into DE:PYR stock, check out TipRanks’ Stock Analysis page.

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