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ITAB Shop Concept AB ( (SE:ITAB) ) has issued an update.
ITAB Shop Concept AB has acquired all shares in Blink AB, a solution-focused Brand & Retail Design agency with annual turnover of about SEK 13 million, in a move to strengthen its position in solution-based design for the retail sector. The acquisition, effective immediately, is intended to deepen ITAB’s ability to co-create store concepts that improve consumer experiences and operational efficiency, expand its design capabilities across European and global markets, and is expected to have a marginally positive impact on earnings per share in the current financial year.
The most recent analyst rating on (SE:ITAB) stock is a Buy with a SEK20.00 price target. To see the full list of analyst forecasts on ITAB Shop Concept AB stock, see the SE:ITAB Stock Forecast page.
More about ITAB Shop Concept AB
ITAB Shop Concept AB is a Sweden-based retail solution provider that helps brands translate their identities into physical store environments through consultative design services, custom-made interiors, self-service and self-checkout solutions, smart gates and guidance systems, traditional checkouts, professional lighting, and interactive digital tools. The group generates around SEK 13 billion in annual sales, employs about 5,400 people, and is listed on Nasdaq Stockholm, serving retailers with a focus on enhancing in-store consumer experiences and operational efficiency.
Average Trading Volume: 399,477
Technical Sentiment Signal: Buy
Current Market Cap: SEK4.62B
For detailed information about ITAB stock, go to TipRanks’ Stock Analysis page.