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Bulten AB ( (SE:BULTEN) ) has shared an update.
Bulten AB has announced a strategic review to assess its manufacturing operations and organizational structure, aiming to identify areas with the strongest potential for long-term growth. This review will explore the possibility of consolidating or divesting manufacturing facilities to focus on more profitable segments and expand sales to new customer segments beyond the automotive industry. Bulten aims to enhance its position as a leading full-service provider of complex fasteners and C-parts, maintaining a balanced market presence across Europe, Asia, and North America.
The most recent analyst rating on (SE:BULTEN) stock is a Buy with a SEK100.00 price target. To see the full list of analyst forecasts on Bulten AB stock, see the SE:BULTEN Stock Forecast page.
More about Bulten AB
Bulten Group is a leading global manufacturer and distributor of fasteners, primarily serving the automotive industry and other sectors like consumer electronics. The company offers a comprehensive range of standard and customized fasteners, supported by its Full Service Provider concept, which includes development, sourcing, logistics, and service. Founded in 1873, Bulten is headquartered in Gothenburg, Sweden, employs approximately 1,900 people worldwide, and reported net sales of SEK 5,807 million in 2024. Its shares are listed on Nasdaq Stockholm.
YTD Price Performance: -15.02%
Average Trading Volume: 46,038
Current Market Cap: SEK1.24B
See more data about BULTEN stock on TipRanks’ Stock Analysis page.