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HMS Networks AB ( (SE:HMS) ) has issued an announcement.
HMS Networks AB reported a significant increase in order intake and adjusted EBIT, despite challenges such as currency fluctuations and geopolitical uncertainties impacting customer investments. The company is progressing with the integration of Red Lion and implementing organizational changes to enhance customer focus and cross-selling. The ongoing tariff negotiations and macroeconomic uncertainties pose challenges, but HMS remains cautiously optimistic about long-term growth opportunities in industrial automation and digitalization.
More about HMS Networks AB
HMS Networks AB operates in the industrial information and communication technology sector, providing hardware and software solutions that enable communication between different industrial devices and systems. The company focuses on industrial network technology, industrial data solutions, and new industries, with a strategic emphasis on markets in Europe, the USA, and China.
Average Trading Volume: 37,646
Current Market Cap: SEK21.69B
Find detailed analytics on HMS stock on TipRanks’ Stock Analysis page.