Tyman plc (GB:TYMN) has released an update.
Tyman plc, a key player in engineered fenestration components and access solutions, has reported a 5% revenue decrease to £205 million in early 2024, amid ongoing market challenges. Despite the tough conditions, the company is benefiting from strategic acquisitions and internal initiatives. A significant transaction with Quanex is on the horizon, expected to close in the second half of 2024, as the company continues to implement growth strategies and invest in its future.
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