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Electrolux Professional AB ( ($SE:EPRO.B) ) has shared an update.
Electrolux Professional Group has secured a new EUR 240 million syndicated revolving credit facility, replacing the undrawn EUR 200 million facility from 2020. This strategic move, supported by a syndicate of six banks, aims to reinforce the company’s financial stability and flexibility, aligning with its ongoing strategy to maintain a robust capital structure.
The most recent analyst rating on ($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 and annual sales of SEK 12.5 billion.
YTD Price Performance: -1.93%
Average Trading Volume: 273,993
Technical Sentiment Signal: Buy
Current Market Cap: SEK18.49B
Learn more about EPRO.B stock on TipRanks’ Stock Analysis page.