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Bufab AB ( (SE:BUFAB) ) has provided an announcement.
Bufab has entered into a framework agreement with Babcock International Group to supply fasteners and associated C-parts, enhancing Babcock’s supply chain and operational efficiency. This collaboration, which includes Bufab’s digital solutions to optimize procurement and production, underscores a mutual commitment to innovation and long-term value creation, marking a significant milestone for Bufab’s business and partnership with Babcock.
The most recent analyst rating on (SE:BUFAB) stock is a Hold with a SEK93.00 price target. To see the full list of analyst forecasts on Bufab AB stock, see the SE:BUFAB Stock Forecast page.
More about Bufab AB
Bufab is a trading company that provides a comprehensive supply chain solution for C-Parts, including sourcing, quality control, sustainability, and logistics. Founded in 1977 in Småland, Sweden, Bufab has grown into an international group with over 50 companies, employing 1,800 people across 29 countries, and generating annual sales of SEK 8.0 billion in 2024. The company has been listed on Nasdaq Stockholm since 2014.
Average Trading Volume: 112,815
Technical Sentiment Signal: Buy
Current Market Cap: SEK16.75B
For a thorough assessment of BUFAB stock, go to TipRanks’ Stock Analysis page.