Ricardo to Divest Defense Unit for Strategic Focus
Company Announcements

Ricardo to Divest Defense Unit for Strategic Focus

Ricardo (GB:RCDO) has released an update.

Ricardo plc is set to divest its Defense business to sharpen its focus on becoming a leader in environmental and energy transition consultancy. The move aligns with the company’s strategy to expand its presence in high-growth, high-margin markets, potentially reinvesting the proceeds into acquisitions. This strategic shift aims to enhance Ricardo’s capabilities in delivering sustainable solutions across transport, energy, and climate sectors.

For further insights into GB:RCDO stock, check out TipRanks’ Stock Analysis page.

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