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Ratos AB ( ($SE:RATO.B) ) has shared an announcement.
Ratos-owned Plantasjen Group, the leading Nordic plants and gardening retailer, has appointed retail veteran Are Ellingsve as its new CEO effective 1 April 2026, succeeding outgoing chief executive Jesper Lien, who will leave the company at year-end 2025. Current CFO Nils Eriksson will serve as acting CEO during the transition period from January to March 2026, and Plantasjen’s chair, Katarina Grönwall, highlighted Ellingsve’s track record in driving growth and profitability and his mandate to further strengthen the chain’s market position and advance its long-term strategic plan, building on the stronger financial footing established under Lien’s six-year tenure.
The most recent analyst rating on ($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
Plantasjen Group is the Nordic region’s leading retail chain for plants, flowers and related gardening products, offering a broad range of indoor and outdoor plants, gardening supplies, garden furniture and outdoor living products through 90 stores in Norway and Sweden. The company is 99.5% owned by Swedish listed investment group Ratos AB, which operates 14 companies across construction & services, industry and consumer sectors, mainly in the Nordic region.
Average Trading Volume: 426,953
Technical Sentiment Signal: Buy
Current Market Cap: SEK11.83B
For an in-depth examination of RATO.B stock, go to TipRanks’ Overview page.