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HMS Networks AB ( (SE:HMS) ) has provided an announcement.
HMS Networks AB has announced its strategic targets for 2030, focusing on financial growth, sustainability, and operational efficiency. The company aims to expand its customer base through organic growth and acquisitions, enhance its product portfolio, and increase annual recurring revenue. The targets include achieving a net sales goal of SEK 7.5 billion and an EBITA margin of 25%. HMS also plans to improve its carbon footprint and employee engagement, aiming for a net positive carbon footprint by 2050 and an EcoVadis Gold rating. The business climate shows improvement in the USA and Germany, while other regions like the EU and Japan remain weaker. The company is addressing past challenges, such as US tariffs and delivery delays, to stabilize its operations and improve gross margins.
The most recent analyst rating on (SE:HMS) stock is a Buy with a SEK535.00 price target. To see the full list of analyst forecasts on HMS Networks AB stock, see the SE:HMS Stock Forecast page.
More about HMS Networks AB
HMS Networks AB is a leading provider in the Industrial Information and Communication Technology (ICT) sector, employing over 1,100 people. The company operates through more than 20 sales offices globally and a network of distributors and partners. It reported sales of SEK 3,059 million in 2024 and is listed on the NASDAQ OMX in Stockholm under the Large Cap segment and Telecommunications sector.
Average Trading Volume: 46,049
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK22.36B
Learn more about HMS stock on TipRanks’ Stock Analysis page.