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Ratos AB ( ($SE:RATO.B) ) just unveiled an update.
Ratos has announced a strategic realignment, focusing on streamlining its business segments, which includes the divestment of its Construction Services segment. This move has led to the departure of Christian Johansson Gebauer, the Head of the Construction & Services business area. Under his leadership, the segment developed well, contributing to Ratos’ profitability and cohesion. The management team has been restructured following his departure, with Jonas Wiström continuing as President and CEO.
The most recent analyst rating on ($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 comprising 14 companies across three business areas: Construction & Services, Industry, and Consumer. The group primarily operates in the Nordic region, with net sales of SEK 32 billion and a workforce of around 10,900 employees. Ratos is headquartered in Stockholm, Sweden, and emphasizes core values such as Simplicity, Speed in Execution, and a focus on people.
YTD Price Performance: 18.02%
Average Trading Volume: 513,117
Technical Sentiment Signal: Buy
Current Market Cap: SEK11.73B
Find detailed analytics on RATO.B stock on TipRanks’ Stock Analysis page.