Cavotec Group AB (CCC.ST)
Cavotec Group AB operates in the Electrical Equipment & Parts industry of the Industrials sector, headquartered in Stockholm, AB, SE. The stock last traded at $12.50, up 0.40% on the session, giving a market capitalisation of $1.33B. Its beta of -0.22 implies it has historically moved less than the broad market.
Cavotec Group AB, a cleantech company, designs and delivers connection and electrification solutions to enable the decarbonisation of ports and industrial applications worldwide. It operates through two segments: Ports & Maritime and Industry. The Ports & Maritime segment is involved in the development, manufacture, and service of automation and electrification technologies for the ports and maritime sectors. The Industry segment engages in the development, manufacture, and service of electrification and radio control products for industrial applications, such as cranes, energy, processing and transportation, mining, and tunnelling. The company was founded in 1974 and is headquartered in Stockholm, Sweden.
Cavotec Group AB is most often compared with the following Industrials names: