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An update from Instalco AB ( (SE:INSTAL) ) is now available.
Instalco AB announced that Robin Boheman will step down as CEO after eleven years with the company, including four years as CEO. The Chairman of the Board, Per Sjöstrand, will serve as interim CEO while the search for a permanent replacement begins. Under Boheman’s leadership, Instalco strengthened its position in Northern Europe, expanded into Germany, and launched an automation business. The company now looks forward to a new phase focused on profitability and development.
The most recent analyst rating on (SE:INSTAL) stock is a Hold with a SEK49.00 price target. To see the full list of analyst forecasts on Instalco AB stock, see the SE:INSTAL Stock Forecast page.
More about Instalco AB
Instalco is a leading installation company in Northern Europe, specializing in electrical, heating & plumbing, ventilation, industrial solutions, and technical consulting. The company operates in Sweden, Norway, Finland, and Germany through over 150 subsidiaries, offering services such as system design, installation, and maintenance. Instalco is listed on Nasdaq Stockholm under the ticker INSTAL.
YTD Price Performance: -19.87%
Average Trading Volume: 599,104
Current Market Cap: SEK6.92B
For detailed information about INSTAL stock, go to TipRanks’ Stock Analysis page.