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Aebi Schmidt Holding AG Announces 4.6% Third Quarter Revenue Growth and Plan to Acquire O.J. Watson

The Motley Fool +1 · ·by G4L

AEBI
AEBI Aebi Schmidt Holding AG
$10.69 -4.25%
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  1. 1Aebi Schmidt Holding AG recorded a 4.6% revenue growth rate in the third quarter.
  2. 2Aebi Schmidt Holding AG achieved a $10 million increase in net profit compared to the previous year.
  3. 3Aebi Schmidt Holding AG announced the acquisition of O.J. Watson, which has annual net sales of approximately $28 million.

So what's the key point?

Aebi Schmidt Holding AG saw its revenue grow by 4.6% and its profit increase by $10 million. The company also decided to purchase a new company called O.J. Watson.

Source The Motley Fool +1 · View original ↗

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