OM:ALLEIMetals and Mining
Is Alleima (OM:ALLEI) Expensive On Airbus Deal And India Expansion News?
Alleima (OM:ALLEI) is in focus after two closely timed updates. The company extended its long partnership with Airbus around titanium seamless tubes and committed to a SEK 220 million tubing capacity investment in India.
These announcements appear to sit alongside a strong recent run in Alleima’s shares, with a 90 day share price return of 42.57% and a year to date share price return of 45.73%, while the 1 year total shareholder return of 79.32% points to strong momentum building rather than...