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Vergnet: Promising Momentum for the "High Current and Low Current" Pole

Stock price chart of VERGNET (EPA:ALVER) showing fluctuations.

The Vergnet Group, a French renewable energy specialist, is celebrating the success of its "High Voltage & Low Voltage" division, three months after its launch. This entity, integrated into the Photalia subsidiary, already boasts €1 million in signed contracts and a commercial potential of €3 million.

The division excels in general electrical and low-voltage solutions, offering a range of services from VDI to access control. Partnerships with Dayne, Cetic Bâtiment, and Althésia illustrate the relevance of this diversification. For Vergnet, this strengthening of expertise reflects a desire to diversify revenues and ensure the resilience of its business model.

R. H.

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