Talgo S.A. (ES:TLGO) has released an update.
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Talgo S.A. faces a 116 million euro penalty imposed by Renfe for train delivery delays, which the company is contesting, arguing the penalty’s inappropriateness. Talgo is committed to defending its interests and will update stakeholders on any progress in the legal proceedings.
For further insights into ES:TLGO stock, check out TipRanks’ Stock Analysis page.