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The latest update is out from New Wave Group AB Class B ( ($SE:NEWA.B) ).
New Wave Group AB reported an 8.3% growth in the third quarter of 2025, with a mix of organic growth and acquisitions, despite a weak market. The acquisition of Cotton Classics Handels GmbH and the repayment of previously forgiven PPP loans impacted the financials, with a notable charge of USD 7 million affecting operating profit. Currency fluctuations also posed challenges, but the company remains optimistic about customer sentiment.
The most recent analyst rating on ($SE:NEWA.B) stock is a Hold with a SEK120.00 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 operates in the textile industry, focusing on wholesale distribution. The company specializes in providing a wide range of textile products and has a market focus that includes both organic growth and strategic acquisitions.
Average Trading Volume: 189,012
Technical Sentiment Signal: Buy
Current Market Cap: SEK14.74B
See more insights into NEWA.B stock on TipRanks’ Stock Analysis page.