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ITAB Shop Concept AB ( (SE:ITAB) ) just unveiled an announcement.
ITAB Shop Concept AB has announced the appointment of Björn Borgman as the new President & CEO, effective May 1, 2026. Borgman, who previously led HL Display AB, brings extensive experience from the consumer and retail sector and is expected to enhance ITAB’s market position following its recent acquisition of HMY. The transition will see Andréas Elgaard stepping down in January 2026, with Glauco Frascaroli serving as interim CEO until Borgman takes over. This leadership change is aimed at strengthening ITAB’s strategic direction and integration efforts, promising to deliver on the company’s ambitious agenda.
The most recent analyst rating on (SE:ITAB) stock is a Hold with a SEK19.00 price target. To see the full list of analyst forecasts on ITAB Shop Concept AB stock, see the SE:ITAB Stock Forecast page.
More about ITAB Shop Concept AB
ITAB Shop Concept AB is a company that specializes in transforming brand experiences into physical reality through a range of retail solutions. Their offerings include consultative design services, custom-made interiors, self-service and checkout solutions, smart gates, traditional checkouts, professional lighting systems, and interactive digital solutions for physical stores. ITAB operates with an annual sales figure of approximately SEK 13 billion and employs around 5,400 people. The company’s shares are listed on Nasdaq Stockholm.
Average Trading Volume: 224,633
Technical Sentiment Signal: Hold
Current Market Cap: SEK4.47B
For an in-depth examination of ITAB stock, go to TipRanks’ Overview page.