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Troax Group AB Class A ( (SE:TROAX) ) has provided an update.
Troax is relocating its warehouse product manufacturing from Poland to its highly automated facility in Värnamo, Sweden, countering the broader offshoring trend in European industry. The six‑month move, involving 48 truckloads and 69 employees, is expected to generate about EUR 5 million in annual savings through higher productivity, digital integration and economies of scale, while also reducing exposure to geopolitical and energy risks and leveraging Sweden’s clean energy and robust industrial ecosystem. The transition was completed without significant disruption to customers, with 95% of the Polish workforce having already found new jobs, and the Värnamo site now being positioned as a future European hub for advanced automated manufacturing, underscoring Troax’s push for long‑term competitiveness and operational resilience.
The most recent analyst rating on (SE:TROAX) stock is a Hold with a SEK153.00 price target. To see the full list of analyst forecasts on Troax Group AB Class A stock, see the SE:TROAX Stock Forecast page.
More about Troax Group AB Class A
Troax Group AB is a leading global supplier of indoor perimeter protection and industrial safety solutions for manufacturing and warehousing environments, developing high-quality systems to safeguard people, property and processes. Headquartered in Hillerstorp, Sweden, the company operates in 42 countries with around 1,600 employees and generated sales of EUR 279 million in 2024, supported by a strong sales force and efficient, locally anchored supply chain.
Average Trading Volume: 96,211
Technical Sentiment Signal: Sell
Current Market Cap: SEK8.87B
Learn more about TROAX stock on TipRanks’ Stock Analysis page.