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GARO AB ( (SE:GARO) ) just unveiled an update.
GARO AB reported a decline in net sales for the first nine months of 2025, with a 10% decrease compared to the previous year. Despite the decline, the company showed improved cash flow and operating EBIT, indicating a path towards recovery. Significant events included the planned departure of CEO Jonas Klarén, repayment of part of the overdraft facility, and new partnerships with Hyundai and Kia, highlighting the quality of GARO’s chargers. These developments suggest a strategic focus on strengthening financial control and expanding market presence.
The most recent analyst rating on (SE:GARO) stock is a Hold with a SEK16.00 price target. To see the full list of analyst forecasts on GARO AB stock, see the SE:GARO Stock Forecast page.
More about GARO AB
GARO AB is a company that develops, manufactures, and markets innovative products and systems for the electrical installations market under its own brand. The company offers complete solutions in electrical distribution products, E-mobility, project business, and temporary power, focusing on electrical safety, user-friendliness, and sustainability. Founded in 1939, GARO is headquartered in Gnosjö and operates internationally, listed on Nasdaq Stockholm.
Average Trading Volume: 20,211
Technical Sentiment Signal: Sell
Current Market Cap: SEK905M
See more insights into GARO stock on TipRanks’ Stock Analysis page.