Grolleau ( (FR:ALGRO) ) has issued an update.
Grolleau has announced a significant change in its governance to align with its development goals for 2025. François Barbier has been appointed as the new Chairman of the Board, and Etienne Dugas has been promoted to General Manager, tasked with leading the company through its next growth phase, including becoming the majority shareholder of OMP. This transition aims to enhance Grolleau’s market position and operational capabilities, particularly in energy and telecom sectors, by continuing its focus on innovation and industrial expertise.
More about Grolleau
Grolleau is a French industrial company established in 1950, specializing in infrastructure equipment to support urban development and smart territories, particularly in 5G deployment and connected objects. Known for outdoor equipment ensuring critical technology protection, Grolleau is the leading French manufacturer of urban cabinets and electric charging stations. The company operates a comprehensive value chain from design to delivery at its Montilliers site, with a presence in France, Italy, China, and Mexico.
YTD Price Performance: -9.63%
Average Trading Volume: 441
Technical Sentiment Consensus Rating: Buy
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