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SinterCast AB ( (SE:SINT) ) has issued an announcement.
SinterCast AB held its Annual General Meeting on May 20, 2025, where the positive growth outlook for CGI in heavy-duty commercial vehicles was reinforced. The company aims to reach a milestone of five million Engine Equivalents by 2026 and exceed 2024’s installation revenue in 2025. However, global trade uncertainties may impact vehicle sales and foundry market investments. The AGM also approved financial statements, a dividend of SEK 7.00 per share, and re-elected board members, while authorizing share acquisition and disposal to optimize capital structure.
More about SinterCast AB
SinterCast AB is a leading supplier of process control technology for the production of Compacted Graphite Iron (CGI), which is stronger and more durable than conventional iron. This technology supports the development of more efficient engines for various applications, contributing significantly to CO2 reduction. The company operates globally with 58 installations in 13 countries and is listed on the Nasdaq Stockholm stock exchange.
Average Trading Volume: 4,857
Current Market Cap: SEK781M
See more insights into SINT stock on TipRanks’ Stock Analysis page.