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The latest update is out from Addnode Group AB Class B ( ($SE:ANOD.B) ).
Addnode Group has finalized the acquisition of the Norwegian No Code company Genus AS, with the transaction involving cash and the issuance of 2,024,442 new B shares. This acquisition is expected to enhance Addnode’s market position and expand its capabilities in digital solutions, with the new shares resulting in a slight dilution of the company’s share capital and voting rights.
The most recent analyst rating on ($SE:ANOD.B) stock is a Buy with a SEK110.00 price target. To see the full list of analyst forecasts on Addnode Group AB Class B stock, see the SE:ANOD.B Stock Forecast page.
More about Addnode Group AB Class B
Addnode Group is a leading global provider of software and services for design, construction, product data, and facility management, supporting the public sector with document and case management solutions. The company focuses on digitalizing society by acquiring and developing enterprises, creating sustainable value growth. With 2,700 employees across 19 countries, Addnode Group reported net sales of SEK 7.8 billion in 2024 and is listed on Nasdaq Stockholm in the Large Cap segment.
Average Trading Volume: 193,914
Current Market Cap: SEK14.96B
For detailed information about ANOD.B stock, go to TipRanks’ Stock Analysis page.