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An announcement from Elanders AB Class B ( ($SE:ELAN.B) ) is now available.
Elanders announced a change in its Group Management as Kok Khoon Lim steps down from his role as CEO of the subsidiary Mentor Media, transitioning to a Senior Advisor role focused on strategic initiatives. Simon Sim, with over 20 years of experience in contract logistics, will succeed him, aiming to enhance offerings to current customers, explore new customer segments, and drive expansion in Asia. This leadership change is expected to strengthen Elanders’ market position and support its growth strategy in the Asian logistics sector.
The most recent analyst rating on ($SE:ELAN.B) stock is a Hold with a SEK65.00 price target. To see the full list of analyst forecasts on Elanders AB Class B stock, see the SE:ELAN.B Stock Forecast page.
More about Elanders AB Class B
Elanders is a global logistics company providing integrated solutions in supply chain management, operating primarily through its Supply Chain Solutions and Print & Packaging Solutions business areas. With around 7,000 employees, Elanders operates in approximately 20 countries across four continents, focusing on key markets such as China, Germany, Singapore, Sweden, the UK, and the USA. The company serves diverse customer segments including Automotive, Electronics, Fashion, Health Care, Industrial, and others.
Average Trading Volume: 17,838
Technical Sentiment Signal: Hold
Current Market Cap: SEK2.25B
For an in-depth examination of ELAN.B stock, go to TipRanks’ Overview page.