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Tenax International S.p.A ( (IT:TNX) ) has issued an update.
Tenax International S.p.A. reported unaudited revenue of EUR 11.0 million for the first nine months of 2025, which is 50.7% of its total revenue for 2024. The company’s order backlog for 2025 stands at EUR 17.9 million, representing 82.5% of the previous year’s total revenue, with an additional EUR 8.1 million in orders scheduled for 2026. This growth in revenue and backlog indicates a strong market position and promising future prospects for Tenax in the electric street cleaning industry.
More about Tenax International S.p.A
Tenax International S.p.A. is a leading European company specializing in the production, distribution, and support of 100% electric and low-voltage ecological machines for street cleaning and urban hygiene. Based in Emilia, Italy, Tenax is unique in offering a complete range of compact sweepers and street washers that are originally designed as electric, rather than retrofitted.
Average Trading Volume: 8,297
Technical Sentiment Signal: Sell
Current Market Cap: €6.26M
For an in-depth examination of TNX stock, go to TipRanks’ Overview page.