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The latest update is out from Tekna Holding AS ( (DE:8VB) ).
Tekna Holding AS reported a strong order intake for the first half of 2025, driven by its Materials business, despite a decline in revenue. The company is adjusting its cost base and capital measures to align with profitability targets and capitalize on long-term trends like reshoring and increased defense spending. The ongoing trade war and U.S. tariffs present short-term challenges, but Tekna remains optimistic due to its strengthened backlog and focus on execution. The company aims to reduce capital expenditure and operating costs while maintaining a cautious positive outlook for the remainder of the year.
More about Tekna Holding AS
Tekna Holding AS is a world-leading provider of advanced materials to industry, focusing on sectors such as defense and additive manufacturing. The company is known for its materials and systems products, and it is strategically positioned in the North American and European defense supply chains.
Average Trading Volume: 25,204
Current Market Cap: NOK622M
Learn more about 8VB stock on TipRanks’ Stock Analysis page.