Gaussin: North American ambitions hailed on the stock market


(CercleFinance.com) – Gaussin announced on Tuesday its intention to accelerate its North American strategy thanks to a ramp-up in production at its Saint-Vallier site, an initiative hailed on the Paris Stock Exchange.

The logistics group, specializing in the transport of goods and people, says it is aiming for a turnover of 200 million dollars in 2025 in the United States.

It also plans to orchestrate progress towards full local production within three years, driven by the strong growth of its market and the signing of strategic partnerships.

The company assures that its industrial site located in Saint-Vallier, in Saône-et-Loire, is ready to meet the production requirements of the more than 300 electric park tractors to be delivered to the United States by the end of 2023

The total capacity of the plant currently reaches 2,400 vehicles per year, including ATM (logistic transport), APM (port) and MSV (underground).

All these announcements, made during the open days of the Saint-Vallier site, were welcomed on the stock market, the Gaussin share price progressing by more than 3% on Tuesday on the Paris Stock Exchange.

The title shows a gain of more than 34% over the past month.

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