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Arise AB ( (SE:ARISE) ) has shared an update.
Arise AB has received an earn-out payment of approximately EUR 30 million for the Kölvallen project, resulting in a positive earnings impact of around EUR 3 million for the third quarter. This payment enhances Arise’s financial position and underscores its successful operations in the renewable energy sector.
The most recent analyst rating on (SE:ARISE) stock is a Hold with a SEK36.00 price target. To see the full list of analyst forecasts on Arise AB stock, see the SE:ARISE Stock Forecast page.
More about Arise AB
Arise is a leading independent company focused on realizing new green energy. It develops, builds, sells, and manages renewable electricity production and is listed on Nasdaq Stockholm.
Average Trading Volume: 30,571
Technical Sentiment Signal: Sell
Current Market Cap: SEK1.4B
Learn more about ARISE stock on TipRanks’ Stock Analysis page.