Ferronordic AB (publ) (FNM.ST) Research

Ferronordic AB (publ) operates in the heavy machinery sector, providing sales, rental, and maintenance services for construction equipment, trucks, and other specialized machines. The company's operations are concentrated in Russia, Kazakhstan, and Germany. In addition to equipment provision, Ferronordic handles the repair and upkeep of machines, trucks, and engines, supplying a comprehensive range of spare parts and attachments. Its service portfolio includes extensive aftermarket support, technical assistance, contracting solutions, and various other related offerings. The company also offers consultancy services, notably machine operator training programs. Ferronordic's brand representation is robust, featuring names such as Volvo Construction Equipment, Terex Trucks, Dressta, Rottne, Mecalac, Ferronordic itself, Volvo, and Renault Trucks. It serves a wide array of industries, including mining, road and general construction, forestry, quarrying and aggregate production, as well as the oil and gas sectors. Established in 2010, Ferronordic AB (publ) is headquartered in Stockholm, Sweden.

Market snapshot

Symbol
FNM.ST
Price
$61.20
Day change
-3.47%
Market cap
$889.4M
P/E ratio
-52.31x
52-week range
39.5-70.2
Sector
Industrials
Industry
Industrial - Distribution
Next earnings
in 2 months

Peer companies

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  • AVTECH Sweden AB (publ) (AVT-B.ST)
  • Balco Group AB (BALCO.ST)
  • Careium AB (Publ) (CARE.ST)
  • Cell Impact AB (publ) (CI.ST)
  • Concejo AB (publ) (CNCJO-B.ST)
  • Inission AB (publ) (INISS-B.ST)
  • Nordisk Bergteknik AB (publ) (NORB-B.ST)

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