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The latest update is out from Electrolux Professional AB ( ($SE:EPRO.B) ).
Electrolux Professional Group announced its acquisition of the assets of Royal Range, a US-based commercial cooking company. This strategic move is expected to enhance Electrolux’s cooking platform in the US by expanding its product offerings and leveraging its strong sales force to boost sales. The acquisition, anticipated to close in the first quarter of 2026, is projected to positively impact Electrolux’s EBITA margin, aligning with its financial targets.
The most recent analyst rating on ($SE:EPRO.B) stock is a Buy with a SEK78.00 price target. To see the full list of analyst forecasts on Electrolux Professional AB stock, see the SE:EPRO.B Stock Forecast page.
More about Electrolux Professional AB
Electrolux Professional Group is a leading global provider in the food service, beverage, and laundry industry for professional users. Known for its sustainability leadership, the company offers innovative products and a worldwide service network, operating in over 110 countries with sales reaching SEK 12.5 billion in 2024.
Average Trading Volume: 297,795
Technical Sentiment Signal: Buy
Current Market Cap: SEK18.1B
Find detailed analytics on EPRO.B stock on TipRanks’ Stock Analysis page.