Ricardo (GB:RCDO) has released an update.
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Ricardo plc is set to divest its Defense business to sharpen its focus on becoming a leader in environmental and energy transition consultancy. The move aligns with the company’s strategy to expand its presence in high-growth, high-margin markets, potentially reinvesting the proceeds into acquisitions. This strategic shift aims to enhance Ricardo’s capabilities in delivering sustainable solutions across transport, energy, and climate sectors.
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