Nanoco Group plc (GB:NANO) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Nanoco Group plc has announced its unaudited preliminary results for 2024, highlighting a strategic shift aimed at maximizing shareholder value. The company has increased revenue by 40% and plans to progressively return surplus cash to shareholders, while exploring potential sale opportunities and restructuring under new CEO Dmitry Shashkov. Despite some setbacks, Nanoco continues to advance in its core markets of Display and Sensing, maintaining a strong financial position with significant cash reserves.
For further insights into GB:NANO stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue