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Fasadgruppen Group AB ( (SE:FG) ) just unveiled an update.
Fasadgruppen Group AB has announced the divestment of Alnova Balkongsystem AB to Hindås Holding AB, as part of its strategy to refine its portfolio structure within the Specialist Companies segment. This move aims to enhance value creation and improve margin profiles, with the transaction expected to have limited cash flow impact and a non-cash item related to goodwill recognized upon closing.
The most recent analyst rating on (SE:FG) stock is a Hold with a SEK34.00 price target. To see the full list of analyst forecasts on Fasadgruppen Group AB stock, see the SE:FG Stock Forecast page.
More about Fasadgruppen Group AB
Fasadgruppen Group AB is a company that acquires and develops entrepreneurial specialist companies focused on sustainable property care. Their subsidiaries offer expertise in exterior property work, including façades, windows, balconies, and roofs, with an emphasis on energy efficiency and improving living environments. Fasadgruppen is listed on Nasdaq Stockholm.
Average Trading Volume: 84,733
Technical Sentiment Signal: Sell
Current Market Cap: SEK1.61B
For an in-depth examination of FG stock, go to TipRanks’ Overview page.