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Ratos AB ( ($SE:RATO.B) ) has provided an update.
Ratos has announced the retirement of its CEO, Jonas Wiström, after nearly eight years of service. The company is initiating a search for his successor, with the Chairman of the Board leading the recruitment process. Wiström will remain in his role until a new CEO is appointed, ensuring a smooth transition. This leadership change is significant for Ratos as it may impact its strategic direction and operations, given the CEO’s role in steering the company’s growth and maintaining its market position.
The most recent analyst rating on ($SE:RATO.B) stock is a Hold with a SEK37.00 price target. To see the full list of analyst forecasts on Ratos AB stock, see the SE:RATO.B Stock Forecast page.
More about Ratos AB
Ratos is a Swedish publicly listed business group consisting of 14 companies across three business areas: Construction & Services, Industry, and Consumer. Operating mainly in the Nordic region, Ratos reported net sales of SEK 32 billion in 2024 and employs around 10,900 people. The company is headquartered in Stockholm, Sweden, and emphasizes a corporate culture focused on simplicity, speed in execution, and people-centric values.
Average Trading Volume: 501,616
Technical Sentiment Signal: Buy
Current Market Cap: SEK11.63B
Find detailed analytics on RATO.B stock on TipRanks’ Stock Analysis page.