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The latest update is out from Firan Tech ( (TSE:FTG) ).
FTG announced significant financial growth for the full year and fourth quarter of 2024, with a 25% increase in bookings and a 20% rise in revenue. The company maintained a strong balance sheet and achieved strategic milestones, including successful integration of acquisitions and securing key contracts. Subsequent to year-end, FTG further enhanced its market position through the acquisition of FLYHT Aerospace Solutions Ltd., expanding its aerospace aftermarket presence and product offerings, and announced plans to open a new facility in India to support growth.
More about Firan Tech
Firan Technology Group Corporation (FTG) operates in the aerospace and defense industry, providing critical technology solutions such as cockpit interface assemblies and other aerospace components. The company is focused on expanding its market presence and product offerings, particularly in the commercial aerospace aftermarket.
YTD Price Performance: 14.42%
Average Trading Volume: 26,987
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$213.7M
For a thorough assessment of FTG stock, go to TipRanks’ Stock Analysis page.
