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Electrolux Professional AB ( ($SE:EPRO.B) ) has issued an update.
Electrolux Professional Group has announced a partnership with Mimbly, a Swedish cleantech startup, to enhance their sustainability efforts through the development of water-saving and microplastic filtration technologies. This collaboration aims to solidify Electrolux Professional’s position as a sustainability leader by co-developing solutions that address efficiency in water and energy usage, while also preparing for future regulatory requirements. The company will also acquire a minority stake in Mimbly, furthering their commitment to sustainable innovation.
The most recent analyst rating on ($SE:EPRO.B) stock is a Buy with a SEK78.00 price target. To see the full list of analyst forecasts on Electrolux Professional AB stock, see the SE:EPRO.B Stock Forecast page.
More about Electrolux Professional AB
Electrolux Professional Group is a leading global provider in the food service, beverage, and laundry sectors for professional users. Known for its sustainability leadership, the company offers innovative products and services across more than 110 countries, with a workforce of approximately 4,300 employees. Its B-shares are listed on Nasdaq Stockholm.
Average Trading Volume: 293,937
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK18.69B
Find detailed analytics on EPRO.B stock on TipRanks’ Stock Analysis page.