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The latest update is out from GARO AB ( (SE:GARO) ).
GARO AB, a Swedish producer of branded electrical installation solutions spanning installation, e-mobility, projects and temporary electricity, operates internationally from its Gnosjö headquarters and is listed on Nasdaq Stockholm. The company emphasizes electrical safety, user-friendliness and sustainability across its product offering.
GARO is consolidating its subsidiaries GARO Elflex and GARO Montage into GARO AB to create a single, more streamlined legal entity. The merger, effective May 4, 2026, is expected to shorten lead times, improve logistics, generate production and purchasing synergies and strengthen its market position and long-term profitability, while leaving the GARO E-mobility business area unchanged and preserving all existing customer agreements and relationships.
The most recent analyst rating on (SE:GARO) stock is a Hold with a SEK23.00 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 Sweden-based company that develops, manufactures and markets products and systems for the electrical installation market under its own brand. Founded in 1939 and headquartered in Gnosjö, it offers complete solutions in installation, e-mobility, projects and temporary electricity, with a focus on electrical safety, user-friendliness and sustainability, and is listed on Nasdaq Stockholm under the ticker GARO.
YTD Price Performance: -33.88%
Average Trading Volume: 56,494
Technical Sentiment Signal: Sell
Current Market Cap: SEK566M
Learn more about GARO stock on TipRanks’ Stock Analysis page.