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An announcement from Ratos AB ( ($SE:RATO.B) ) is now available.
Ratos has appointed Gustaf Salford as its new CEO, effective December 1, succeeding Jonas Wiström who is retiring. Salford, who previously led Elekta, brings extensive leadership experience and is expected to drive innovation and growth at Ratos. His appointment is seen as a strategic move to further develop and implement Ratos’s future strategy, ensuring continued stability and profitability. The transition is planned to be smooth, with Wiström remaining available until March 2026 to assist.
The most recent analyst rating on ($SE:RATO.B) stock is a Hold with a SEK43.00 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. The Group operates mainly in the Nordic region, with net sales of SEK 32 billion and an adjusted EBITA of SEK 2.3 billion in 2024, employing around 10,900 people. Headquartered in Stockholm, Sweden, Ratos emphasizes a corporate culture based on simplicity, speed in execution, and a focus on people, enabling its subsidiaries to thrive as part of a larger entity.
Average Trading Volume: 473,429
Technical Sentiment Signal: Buy
Current Market Cap: SEK12.09B
See more insights into RATO.B stock on TipRanks’ Stock Analysis page.