STIF: STIF announces the initiation of coverage of its title by EuroLand Corporate – 04/15/2024 at 5:45 p.m.


STIF announces the initiation of coverage of its title

by EuroLand Corporate

Saint-Georges-sur-Loire, April 15, 2024 – 5:45 p.m. –

STIF (FR001400MDW2, ALSTI), specialist in protection against explosions, today announces the initiation of coverage of its title by EuroLand Corporate.

In a study entitled “An explosive trajectory”, EuroLand Corporate recommends STIF shares for purchase with a price target of €14.9, representing an upside potential of +30% compared to the closing price of the action as of April 12, 2024 (€11.50).

This new study complements the monitoring of value carried out by financial analysts, alongside Greensome Finance.

Next meetings:

Investor presentation: April 16, 2024

Publication of turnover for 1

er

semester 2024: July 24, 2024

STIF, the explosion protection specialist

Founded in 1984, the STIF Group is a French industrial player specializing in the design, manufacturing and marketing of innovative industrial equipment intended for niche markets. Historically positioned in handling equipment for bulk products, such as elevator buckets, elevator straps and compression fittings, the family group has diversified over the last ten years by developing in the field of protection passive against the risks of industrial dust explosions, and since 2022 in the activity of protection against the risks of explosion of battery energy storage systems (BESS). With 189 employees, internationally referenced and recognized product ranges, 3 factories spread between France and Asia, and soon in the USA, the Group intends to take a leading position in this sector directly linked to the market. exponential growth of renewable energies.

Contacts

STIF

External Relations Department


Geraldine Baudouin

[email protected]

02 41 72 16 83

SEITOSEI.ACTIFIN

Investor relations


Ghislaine Gasparetto

[email protected]

01 56 88 11 22

SEITOSEI.ACTIFIN

Press relations


Michael Scholze

[email protected]

01 56 88 11 14


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