Addtech among top performers on STOXX after Q1 results

Addtech AB

15/07/2025 09:20

** Shares in Addtech ADDTb.ST jump around 8% after the Swedish technical solutions group reported forecast-beating Q1 earnings

** It posted Q1 operating profit of SEK 786 million, up 10% year-on-year and nearly 4% higher than analysts polled by LSEG had expected

** Addtech cited a continued high customer activity overall

** The company said the market situation during Q1 was "favourable"; saw strongest growth for infrastructure products, products and solutions for defence customers

** Addtech is third highest performer on the pan-European STOXX 600 .STOXX index

** The share price is at its highest since May and the stock is on track its their best day in 12 months, if gains hold

 (Reporting by Marta Frackowiak)

 ((marta.frackowiak@thomsonreuters.com))