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An update from Montana Aerospace AG ( (CH:AERO) ) is now available.
Montana Aerospace AG has completed its strategic transformation into a pure-play aerospace company by divesting its Energy segment, ASTA Group. This move, following the sale of its E-Mobility segment, allows the company to focus on its core aerospace business. The divestment, valued at approximately EUR 204 million, includes an earn-out component and offers significant financial benefits, such as freeing up liquidity and enabling a debt-to-equity conversion. This strategic shift is expected to improve the company’s financial position, reducing its net debt to EBITDA ratio below 1x by year-end and transitioning to a net cash position in the near term.
The most recent analyst rating on (CH:AERO) stock is a Hold with a CHF28.00 price target. To see the full list of analyst forecasts on Montana Aerospace AG stock, see the CH:AERO Stock Forecast page.
More about Montana Aerospace AG
Montana Aerospace AG is a leading manufacturer of system components and complex assemblies for the aerospace industry, with operations across three continents. The company employs approximately 6,200 highly skilled individuals and specializes in designing, developing, and producing technologies for the aerospace sector using materials such as aluminum, titanium, composite, and steel.
Average Trading Volume: 150,488
Technical Sentiment Signal: Buy
Current Market Cap: CHF1.78B
For detailed information about AERO stock, go to TipRanks’ Stock Analysis page.