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GARO AB ( (SE:GARO) ) has provided an announcement.
GARO AB’s interim report for the first half of 2025 shows a decline in net sales by 11% compared to the previous year, with a slight improvement in operating EBIT and cash flow. The company has strengthened its group management to accelerate operational activities, improved financial control by ending separate bank covenants, and signed a strategic framework agreement for a charging infrastructure project in Sweden. Additionally, there was a leadership change in the E-mobility business area, with the CEO taking direct responsibility to stabilize and set a clearer direction.
The most recent analyst rating on (SE:GARO) stock is a Hold with a SEK20.00 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 under the ticker name GARO.
Average Trading Volume: 20,498
Technical Sentiment Signal: Strong Sell
Current Market Cap: SEK995M
See more data about GARO stock on TipRanks’ Stock Analysis page.