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Troax Group AB Class A ( (SE:TROAX) ) just unveiled an update.
Troax Group AB has announced new financial targets for 2030, aiming to double its turnover to at least 550 million euros and maintain a profitability target of at least a 20% adjusted operating margin. The company plans to achieve this through market share growth, strategic acquisitions, and a focus on becoming a reputable partner for security solutions, while maintaining disciplined capital use and a strong financial structure.
The most recent analyst rating on (SE:TROAX) stock is a Hold with a SEK170.00 price target. To see the full list of analyst forecasts on Troax Group AB Class A stock, see the SE:TROAX Stock Forecast page.
More about Troax Group AB Class A
Troax Group is a leading global supplier specializing in indoor perimeter protection for manufacturing and warehousing environments. The company develops innovative safety solutions to protect people, property, and processes, with a strong sales force and efficient supply chain. Troax operates in 42 countries, employing around 1200 people, with its head office in Hillerstorp, Sweden.
Average Trading Volume: 57,036
Technical Sentiment Signal: Sell
Current Market Cap: SEK9.48B
For detailed information about TROAX stock, go to TipRanks’ Stock Analysis page.