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An update from Tenax International S.p.A ( (IT:TNX) ) is now available.
Tenax International S.p.A. has corrected its previously announced Business Plan 2025-2028, stating that the expected Net Equity in 2028 is 18 million Euros, not 7.7 million Euros. This adjustment reflects a more robust financial outlook, with projected growth in sales revenues and profitability over the coming years, potentially strengthening its market position and offering positive implications for stakeholders.
More about Tenax International S.p.A
Tenax International S.p.A. is a leading European producer of 100% electric machines for street cleaning and urban hygiene. Based in Emilia, Italy, the company specializes in producing a complete range of electric sweepers and compact street washers that operate at low voltage, distinguishing itself as a pioneer in the electric urban hygiene sector.
Average Trading Volume: 4,450
Technical Sentiment Signal: Sell
Current Market Cap: €6.74M
For a thorough assessment of TNX stock, go to TipRanks’ Stock Analysis page.