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New Wave Group AB Class B ( ($SE:NEWA.B) ) just unveiled an update.
New Wave Group AB, a company involved in various segments such as Sports & Leisure and Gifts & Home Furnishing, has announced a significant financial adjustment in its third-quarter results for 2025. The company is set to charge USD 7 million to its third-quarter results following a review by the U.S. Department of Justice concerning the repayment of forgiven PPP loans initially received during the COVID-19 pandemic. This adjustment, which includes principal, fees, interest, and associated costs, will impact the company’s operating results and reduce the net result by the same amount.
The most recent analyst rating on ($SE:NEWA.B) stock is a Hold with a SEK117.00 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
Average Trading Volume: 177,853
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK15.01B
Learn more about NEWA.B stock on TipRanks’ Stock Analysis page.