NOTE wins a security contract worth 160 million kronor
CEO highlights strong increase in order interest and assesses that several projects will lead to significant future business.
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Electronics and complete-product manufacturing partner
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In short: NOTE achieved record sales, expanded in the defense sector by acquiring STI Limited, and inaugurated a major new factory in Torsby.
CEO highlights strong increase in order interest and assesses that several projects will lead to significant future business.
The acquisition and investments in Sweden and UK increase manufacturing capacity, security of supply, and support for European defence programmes.
The company acquired STI Limited and invested in manufacturing capacity in Sweden and the UK, expanding in Security & Defence.
The agreement covers manufacturing of a new product with potential to reach 100 MSEK annual rate from 2028.
On October 03, 2023, analyst Glenn Mattson of Ladenburg Thalmann maintained a Buy rating on...
NOTE has inaugurated a new high-tech production facility in Torsby, Värmland - a strategic milestone in the company's growth journey that means a significant capacity increase for advanced electronic products...
Analysts have been cutting NOTE price targets in stages, even as one modelled fair value anchor...
The final proceeds included about $400 million tied to an over-allotment option exercised by initial purchasers. Iren said roughly $201 million of the proceeds will...
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