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The Alimak Group is Sweden-based provider of permanent vertical access solutions for the industrial equipment sector. The group’s offering includes cutting-edge elevators, hoists and work platforms and building maintenance units. Alimak operates the entire value chain from product development to after sales services. Its operations are divided into four business segments, as follow: Construction Equipment, Industrial Equipment, After Sales and Rental. Founded in 1948, the group operates under the Alimak Hek, CoxGomyl, Manntech, and Avanti brands in more than 100 countries. The ALIG stock is traded on the NASDAQ Stockholm.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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