Garo AB operates within the Switchgear and switchboard apparatus sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Garo AB with three other
power transmission equipment manufacturers in Europe:
Ulusoy Elektrik Imalat Taahhut ve Ticaret AS
sales of 486.80 million Turkish Liras [US$63.22 million]
of which 100%
was Electronical Equipments),
LPA Group PLC
of UNITED KINGDOM
(£19.53 million [US$24.85 million]
of which 38%
was Electro-mechanical), and
Mecelec Composites SA
based in FRANCE
(29.70 million Euros [US$34.62 million]
During the year ended December of 2019, sales at
Garo AB were SEK 1.01 billion (US$111.76 million).
increase of 11.6%
versus 2018, when the company's sales were SEK 903.70 million.
This was the fifth consecutive year of sales increases at Garo AB
(and since 2014, sales have increased a total of 128%).
Sales of Other Markets saw an increase
11.8% in 2019, from
SEK 306.90 million to SEK 343.00 million.