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Arjo Appoints Andréas Elgaard as New CEO to Drive Growth

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Arjo Appoints Andréas Elgaard as New CEO to Drive Growth

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Arjo AB ( ($SE:ARJO.B) ) has issued an announcement.

Arjo AB has announced the appointment of Andréas Elgaard as the new President and CEO, effective by the end of January 2026. Elgaard, who brings extensive international business experience from his previous roles at ITAB Shop Concept AB and IKEA, is expected to drive Arjo’s growth and strengthen its market position, leveraging his expertise in building high-performing teams and delivering results.

The most recent analyst rating on ($SE:ARJO.B) stock is a Hold with a SEK40.00 price target. To see the full list of analyst forecasts on Arjo AB stock, see the SE:ARJO.B Stock Forecast page.

More about Arjo AB

Arjo is a company focused on enhancing mobility in healthcare environments, offering products and solutions for patient transfer, hygiene, disinfection, diagnostics, treatment of leg ulcers, prevention of pressure ulcers and venous thrombosis, and healthcare beds. With over 65 years of experience and a global team of approximately 7,000 people, Arjo is dedicated to improving outcomes for individuals facing mobility challenges.

Average Trading Volume: 770,120

Technical Sentiment Signal: Sell

Current Market Cap: SEK9.55B

For an in-depth examination of ARJO.B stock, go to TipRanks’ Overview page.

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