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LSE:AFRK FRA:V5W

Afarak Group PLC

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Market:
LSE
Market Cap:
£75.2 m
Price
30.00 GBX
Change
-42.86%
52 weeks high
77.00
52 weeks low
55.00

In brief

Afarak is a growing, integrated chrome producer supplying specialist products to the expanding steel and stainless steel industries. The Group is focused on utilising its experience and technological advantages to deliver profitable and sustainable growth. The Company is listed on the NASDAQ OMX Helsinki (AFAGR) and the Main Market of the London Stock exchange (AFRK).

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Snapshot

  • Profits have been under pressure due to weak ferrochrome price and previous technical problems at Mogale alloys plant
  • New management installed at Mogale
  • Moving out of business rescue