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Trades about 38% below its sector, cheaper than its peers on earnings.
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.
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