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The latest announcement is out from Storskogen Group AB Class B ( ($SE:STOR.B) ).
Storskogen has announced a leadership change with Chris Pullen appointed as the new Managing Director for its UK operations, succeeding Philip Löfgren. This transition is part of Storskogen’s strategy to enhance its presence in key markets outside Sweden, leveraging its solid cash flows and strengthened balance sheet to pursue growth through organic initiatives and acquisitions.
The most recent analyst rating on ($SE:STOR.B) stock is a Buy with a SEK13.00 price target. To see the full list of analyst forecasts on Storskogen Group AB Class B stock, see the SE:STOR.B Stock Forecast page.
More about Storskogen Group AB Class B
Storskogen is an international group that operates across trade, industry, and services, focusing on acquiring and developing leading small and medium-sized businesses in selected industries. With approximately 11,000 employees, the company generates net sales of SEK 34 billion and is listed on Nasdaq Stockholm.
YTD Price Performance: -7.51%
Average Trading Volume: 4,466,884
Current Market Cap: SEK17.77B
For detailed information about STOR.B stock, go to TipRanks’ Stock Analysis page.