(Alliance News) - Estrima Spa has let it be known that the board of directors has resolved to appoint CEO Matteo Maestri to manage and monitor the preparation of a new business plan that will be submitted to the board of directors no later than Sept. 27, the date of approval of the 2023 half-yearly report.

"The formulation of the new industrial plan is necessary after a careful analysis of the commercial, production, organizational and financial situation of the company and the group, also in the light of exogenous and macroeconomic factors at the international level that have conditioned, in this last period, the performance of the business," the company specified in a note.

Estrima's stock on Tuesday closed at a par at EUR1.02 per share.

By Chiara Bruschi, Alliance News reporter

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