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An announcement from Volati AB ( (SE:VOLO) ) is now available.
Volati AB is evaluating the potential distribution and separate listing of its Salix Group business area to create two distinct companies aimed at long-term growth and value creation. As part of this process, Salix Group’s board has been strengthened with new members and has set ambitious financial targets, including a net sales growth of at least 15% annually. This strategic move, still in the evaluation phase, could significantly impact Volati’s market positioning and stakeholder interests if pursued.
The most recent analyst rating on (SE:VOLO) stock is a Hold with a SEK118.00 price target. To see the full list of analyst forecasts on Volati AB stock, see the SE:VOLO Stock Forecast page.
More about Volati AB
Volati is a Swedish industrial group focused on being the best owner of medium-sized companies in Sweden. It achieves growth through value-creating acquisitions and sustainable development, operating in 21 countries with around 2,300 employees and annual sales of approximately SEK 8.4 billion. Volati’s shares are listed on Nasdaq Stockholm.
Average Trading Volume: 23,939
Technical Sentiment Signal: Hold
Current Market Cap: SEK8.35B
See more insights into VOLO stock on TipRanks’ Stock Analysis page.