An announcement from Noumi Limited ( (AU:NOU) ) is now available.
Noumi Limited has announced that the Victorian Supreme Court has reviewed the Plaintiffs’ application to approve the terms of a settlement reached in a class action case from October last year. The court has set a timetable for further submissions from the Plaintiffs and Group Members, while reserving its judgment. This development is a significant step in resolving ongoing legal matters, potentially impacting Noumi’s operational focus and stakeholder confidence.
More about Noumi Limited
Noumi Limited is a prominent Australian FMCG company specializing in the production of dairy and plant-based beverages, nutritional products, and ingredients for the health and fitness industries. The company operates advanced manufacturing facilities in Victoria and NSW, and is known for brands such as MILKLAB, Australia’s Own, So Natural, Crankt, Vital Strength, and PUREnFERRIN lactoferrin.
YTD Price Performance: -25.00%
Average Trading Volume: 64,227
Technical Sentiment Signal: Buy
Current Market Cap: A$38.8M
Find detailed analytics on NOU stock on TipRanks’ Stock Analysis page.