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New Wave Group AB Class B ( ($SE:NEWA.B) ) just unveiled an update.
New Wave Group AB reported a decrease in net sales by 4.1% in the second quarter of 2025, primarily due to negative currency effects, although local currency sales showed a slight increase. The company continued to gain market share and finalized the strategic acquisition of Cotton Classics, which is expected to bolster long-term growth. Despite a challenging market environment, New Wave Group remains optimistic about future opportunities, focusing on investments in technology and strategic acquisitions to enhance its market position.
The most recent analyst rating on ($SE:NEWA.B) stock is a Hold with a SEK105.00 price target. To see the full list of analyst forecasts on New Wave Group AB Class B stock, see the SE:NEWA.B Stock Forecast page.
More about New Wave Group AB Class B
New Wave Group AB is a diversified company operating in the consumer goods industry, focusing on promotional and sports apparel, gifts, and home furnishings. The company is known for its brands such as Craft, Clique, and Cutter & Buck, and it emphasizes strategic acquisitions to strengthen its market position.
Average Trading Volume: 206,175
Technical Sentiment Signal: Buy
Current Market Cap: SEK15.67B
For a thorough assessment of NEWA.B stock, go to TipRanks’ Stock Analysis page.