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Ovzon AB ( (SE:OVZON) ) has provided an announcement.
Ovzon AB has successfully completed a refinancing agreement with Danske Bank, securing a term loan and a revolving credit facility, each worth 300 MSEK. This move is set to reduce interest expenses and support future growth, enhancing Ovzon’s financial stability and operational capacity in the competitive satellite communications market.
The most recent analyst rating on (SE:OVZON) stock is a Hold with a SEK36.00 price target. To see the full list of analyst forecasts on Ovzon AB stock, see the SE:OVZON Stock Forecast page.
More about Ovzon AB
Ovzon AB offers integrated mobile satellite communications services globally, known as SATCOM-as-a-Service. Their offerings cater to high-demand sectors such as Defense, National Security, and Public Safety, providing high-performance and resilient connectivity solutions. Ovzon operates from offices in Sweden and the USA and is listed on Nasdaq Stockholm Small Cap.
Average Trading Volume: 468,705
Technical Sentiment Signal: Buy
Current Market Cap: SEK4.06B
Find detailed analytics on OVZON stock on TipRanks’ Stock Analysis page.