Company GARO AB

Equities

GARO

SE0015812417

Electrical Components & Equipment

Market Closed - Nasdaq Stockholm 11:29:32 2024-04-26 am EDT 5-day change 1st Jan Change
30.5 SEK +2.87% Intraday chart for GARO AB -4.39% -29.92%

Business Summary

Garo AB is a Sweden-based company, which is primarily engaged in the electrical installations industry. The Company offers a wide range of electrical products, such as plugs and sockets, switches, switchboards GCS, switchboard systems GPK, cable boxes, bottom boxes, terminals, junction boxes, aluminum enclosures, IT cabinets, meter cabinets, meter boards, consumer units, din rail components, switchgears, outletboxes, sunenergyproducts, workplace lighting, distribution boards, EV-charges, marina pedestals, residual current devices, safety isolators, circuit breakers, among others. The Company operates through a number of subsidiaries in such countries, as Finland, Norway, Ireland, Poland, among others. The Company operates WEB-EL Forsaljning AB as subsidiary.

Number of employees: 478

Sales per Business

SEK in Million2022Weight2023Weight Delta
GARO Electrification
87.1 %
1,307 94.0 % 1,193 87.1 % -8.79%
GARO E-mobility
54.3 %
653 47.0 % 744 54.3 % +13.89%
Elimination
-41.4 %
-570 -41.0 % -567 -41.4 % -0.61%

Sales per region

SEK in Million2022Weight2023Weight Delta
Sweden
56.6 %
818 58.8 % 776 56.6 % -5.17%
Ireland
16.2 %
185 13.3 % 222 16.2 % +19.85%
Norway
10.4 %
140 10.1 % 142 10.4 % +1.43%
United Kingdom
4.9 %
70 5.0 % 67 4.9 % -4.01%
Other Countries
4.4 %
118 8.5 % 60 4.4 % -49.15%
Finland
3.9 %
59 4.2 % 53 3.9 % -9.71%
Denmark
3.7 %
-- 51 3.7 % -

Managers

Managers TitleAgeSince
Chief Executive Officer 46 06-12-31
Director of Finance/CFO 55 18-12-31
Chairman 53 15-09-09
Chief Tech/Sci/R&D Officer - -
Corporate Officer/Principal 49 06-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 71 17-12-31
Director/Board Member 61 20-12-31
Director/Board Member 61 17-12-31
Chairman 53 15-09-09
Director/Board Member 56 20-12-31
Director/Board Member 60 19-05-14
Director/Board Member 50 18-12-31
Director/Board Member 60 18-12-31
Director/Board Member 61 22-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 50,000,000 26,782,857 ( 53.57 %) 0 53.57 %

Shareholders

NameEquities%Valuation
17,841,725 35.68 % 56 M kr
Svolder AB (Investment Management)
14.76 %
7,377,500 14.76 % 23 M kr
Swedbank Robur Fonder AB
4.981 %
2,490,344 4.981 % 8 M kr
Nordea Investment Management AB
4.967 %
2,483,486 4.967 % 8 M kr
SEB Investment Management AB
4.877 %
2,438,700 4.877 % 8 M kr
Spiltan Fonder AB
4.825 %
2,412,662 4.825 % 8 M kr
Volador AB
4.150 %
2,075,000 4.150 % 7 M kr
1,630,425 3.261 % 5 M kr
Tredje AP-fonden
2.600 %
1,300,000 2.600 % 4 M kr
Crédit Mutuel Asset Management SA
1.473 %
736,597 1.473 % 2 M kr

Company contact information

GARO AB

Södergatan 26

335 33, Gnosjo

+46 3 70 33 28 00

http://www.garo.se
address GARO AB(GARO)

Group companies

NameCategory and Sector
Engineering & Construction
Electronics/Appliance Stores
Electrical Products
GARO E-mobility AB

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
2
Last Close Price
30.5 SEK
Average target price
30.5 SEK
Spread / Average Target
0.00%
Consensus