Cybergun SA ( (FR:ALCYB) ) just unveiled an update.
CYBERGUN is actively seeking solutions to save its subsidiary, VERNEY-CARRON, a historic French hunting weapons manufacturer. The company is exploring public support options and collaborating with local and national officials to secure financial aid, including a potential acquisition of VERNEY-CARRON’s premises by the city of Saint-Étienne. This initiative is crucial for the continuation of VERNEY-CARRON’s operations and its partnership with a major global small arms player.
More about Cybergun SA
Founded in 1986, CYBERGUN is a global expert in shooting, focusing on both civil and recreational segments like Airsoft and Airgun, and a Military division for training armed forces and police. The company is recognized as an ‘Innovative Company’ by Bpifrance and is listed on Euronext Growth in Paris.
Technical Sentiment Signal: Buy
Current Market Cap: €721.9K
See more insights into ALCYB stock on TipRanks’ Stock Analysis page.
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