Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Pierce Group AB ( (SE:PIERCE) ) just unveiled an update.
Pierce Group AB reported a 13% increase in net revenue for the first quarter of 2025, despite facing challenges that resulted in a negative EBIT and cash flow. The company has decided to discontinue segment reporting to enhance operational integration and announced a series C share issue to support its performance-based share program. Additionally, there have been changes in the CFO position, with Fredrik Ideström resigning and Fredrik Kjellgren set to take over in the fourth quarter of 2025.
More about Pierce Group AB
Pierce Group AB is involved in the industry of e-commerce, focusing on selling motorcycle and motocross gear, parts, and accessories. The company operates primarily in the European market, aiming to provide a wide range of products for motorcycle enthusiasts.
Average Trading Volume: 135,044
Current Market Cap: SEK877.1M
For a thorough assessment of PIERCE stock, go to TipRanks’ Stock Analysis page.