Ferroamp AbOMXSTO: FERRO

FERRO: Revenue dropped sharply, but new products and partnerships target a return to growth

· Issued by Ferroamp AB

Ferroamp's 2024 revenue fell 65% due to a weak solar market, but cost cuts and new capital improved liquidity. Strategic partnerships, new AI and V2X products, and a focus on recurring revenue aim to restore growth and profitability.

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