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Ferronordic AB ( (SE:FNM) ) has shared an update.
Ferronordic’s 2026 annual general meeting in Stockholm approved the company’s and Group’s income statements and balance sheets, re-elected six board members, and confirmed Lars Corneliusson as chairman. Deloitte AB was appointed as auditor with fees to be set by agreement, and procedures for the nomination committee were adopted, inviting the four largest shareholders to nominate members without compensation.
Shareholders resolved not to pay a dividend for the financial year 2025, signaling a continued focus on capital retention within the business. The AGM also approved total board remuneration of SEK 11,195,699 and adopted updated guidelines for senior executive pay, shaping the company’s governance, oversight, and compensation framework for the coming year.
More about Ferronordic AB
Ferronordic is a multi-market dealer group in construction equipment and trucks, acting as the dealer for Volvo Construction Equipment in ten U.S. states and Kazakhstan, and for Volvo Trucks and Renault Trucks in parts of Germany. It also represents brands such as Hitachi, Sandvik, Link-Belt Cranes, Bergmann and Ammann in selected territories, operates around 40 branches with over 800 employees, and is listed on Nasdaq Stockholm.
Average Trading Volume: 6,750
Technical Sentiment Signal: Sell
Current Market Cap: SEK588.6M
Find detailed analytics on FNM stock on TipRanks’ Stock Analysis page.