The latest update is out from Tenax International S.p.A ( (IT:TNX) ).
Tenax International reported a 6.2% increase in production value for 2024, despite a challenging economic environment. The company focused on strategic initiatives, including the acquisition of Esagono and the launch of Electra 5.0, which are expected to drive future growth, although they impacted current profitability.
More about Tenax International S.p.A
Tenax International S.p.A. is a leading European producer of 100% electric machines for street cleaning and urban hygiene, listed on Euronext Growth Milan.
YTD Price Performance: -15.18%
Technical Sentiment Signal: Buy
Current Market Cap: €7.37M
For detailed information about TNX stock, go to TipRanks’ Stock Analysis page.