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Lagercrantz Group AB Class B ( ($SE:LAGR.B) ) has issued an update.
Lagercrantz Group AB has acquired Friggeråkers Verkstäder AB, a prominent Swedish manufacturer of sand and salt spreaders under the Falköping brand. This acquisition, which will integrate Friggeråkers into Lagercrantz’s Division International by July 2025, is anticipated to slightly enhance Lagercrantz’s earnings per share. Friggeråkers is known for its high-quality winter road de-icing equipment, serving key segments such as road contractors, municipalities, and airports in Sweden and Norway, with annual revenues of approximately SEK 110 million.
The most recent analyst rating on ($SE:LAGR.B) stock is a Hold with a SEK211.00 price target. To see the full list of analyst forecasts on Lagercrantz Group AB Class B stock, see the SE:LAGR.B Stock Forecast page.
More about Lagercrantz Group AB Class B
Lagercrantz Group is a technology conglomerate offering innovative, value-creating technology solutions through proprietary and leading supplier products. The group comprises around 85 companies focusing on niche markets across Northern Europe, the USA, China, and India, employing approximately 3,100 people with annual revenues exceeding SEK 9 billion. Lagercrantz Group has been listed on Nasdaq Stockholm since 2001.
Average Trading Volume: 269,764
Current Market Cap: SEK46.68B
For detailed information about LAGR.B stock, go to TipRanks’ Stock Analysis page.