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Addnode Group AB Class B ( ($SE:ANOD.B) ) has issued an update.
Addnode Group has completed the acquisition of Solidcad, a market leader in digital solutions for Canada’s design, construction, and manufacturing industries. This acquisition, which will be consolidated under Addnode’s Division Design Management, is expected to positively impact the company’s earnings per share. Solidcad, an Autodesk Platinum Partner, is projected to achieve net sales of SEK 280 million in 2025, with an EBITA of SEK 120 million, enhancing Addnode Group’s market presence in North and Latin America.
The most recent analyst rating on ($SE:ANOD.B) stock is a Hold with a SEK113.00 price target. To see the full list of analyst forecasts on Addnode Group AB Class B stock, see the SE:ANOD.B Stock Forecast page.
More about Addnode Group AB Class B
Addnode Group is a leading global provider of software and services focused on digitalizing society. The company operates in design, construction, product data, and facility management sectors, and also supports the public sector with document and case management solutions. With a presence in 20 countries across four continents, Addnode Group has 2,700 employees and reported net sales of SEK 7.8 billion in 2024. Its Series B share is listed on Nasdaq Stockholm in the Large Cap segment.
Average Trading Volume: 140,501
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK15.59B
For detailed information about ANOD.B stock, go to TipRanks’ Stock Analysis page.