Accelleron Industries AG

Accelleron Industries AG engages in the development, production, and service of turbochargers and digital solutions. It operates through the Medium and Low Speed, and High-Speed segments. The Medium and Low Speed segment serves the merchant marine, cruise and ferries, offshore, and power generation industries. The High-Speed segment serves the energy and marine industries. The company was founded in 1905 and is headquartered in Baden, Switzerland.

Accelleron Industries AG (ACLLY) Q4 2023 Earnings Call Transcript

BADEN, Switzerland--(BUSINESS WIRE)--The shareholders of Accelleron Industries AG have approved all proposals of the Board of Directors with a large majority on the occasion of the first Annual General Meeting today. At the first Annual General Meeting of Accelleron Industries AG, the shareholders approved all proposals, including the total maximum aggregate of compensation for the members of the Board of Directors for the period from the Annual General Meeting 2023 to the Annual General Meetin.

Accelleron Industries AG General Assembly 2023: All Proposals Receive Approval

Accelleron was spun off by the Swiss company ABB at the end of 2022. The company focuses on a profitable niche: high-power turbochargers in energy-intensive industries.

Accelleron: This ABB Spinoff Looks Like A Solid Slow Grower With Decent Income Potential

Accelleron Industries AG is off to a good start as an independent company, with several positives reported on its first trading update. The company has some attractive financial characteristics, and we particularly like the services segment because of its resilient recurring revenue.

News for Accelleron Industries AG Stock (ACLLY)