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Landis+Gyr Announces 2024 Annual Report and Board Changes

Story Highlights
  • Landis+Gyr published its 2024 Annual Report detailing financial and operational developments.
  • Board changes include Audrey Zibelman as proposed Chair and focus on strategic realignment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Landis+Gyr Announces 2024 Annual Report and Board Changes

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Landis+Gyr Group AG ( (CH:LAND) ) has shared an update.

Landis+Gyr Group AG has published its 2024 Annual Report and announced changes to its Board of Directors. The report details the company’s financial and operational developments, corporate governance, and sustainability efforts. Notably, Andreas Umbach will not seek re-election as Chairman, with Audrey Zibelman proposed as his successor. The company is also focusing on strategic realignment with new board members Brett Carter and Steve Louden, who bring significant expertise in energy, utilities, and financial management, aligning with Landis+Gyr’s increased focus on the Americas and a planned US listing.

The most recent analyst rating on (CH:LAND) stock is a Hold with a CHF78.50 price target. To see the full list of analyst forecasts on Landis+Gyr Group AG stock, see the CH:LAND Stock Forecast page.

More about Landis+Gyr Group AG

Landis+Gyr is a global leader in integrated energy management solutions, specializing in measuring and analyzing energy use to provide analytics for managing smart grids and infrastructures. The company offers a portfolio of software, services, and smart sensor technology aimed at reducing energy consumption and decarbonizing the grid. In the 2024 financial year, Landis+Gyr enabled a CO2 reduction of 9 million tons, generated revenue of USD 1.7 billion, and employs around 6,300 people across five continents.

Average Trading Volume: 106,823

Current Market Cap: CHF1.48B

For a thorough assessment of LAND stock, go to TipRanks’ Stock Analysis page.

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