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:
LPA Group PLC
of the United Kingdom
sales of £27.98 million [US$35.96 million]
of which 44%
Ulusoy Elektrik Imalat Taahhut ve Ticaret AS
(565.42 million Turkish Liras [US$98.50 million]
of which 100%
was Electronical Equipments), and
Mecelec Composites SA
based in France
(23.70 million Euro [US$26.07 million]
During the year ended December of 2018, sales at
Garo AB were SEK 903.70 million (US$92.86 million).
increase of 13.5%
versus 2017, when the company's sales were SEK 796.00 million.
This was the fifth consecutive year of sales increases at Garo AB
(and since 2013, sales have increased a total of 136%).
Sales of Other Markets saw an increase
21.6% in 2018, from
SEK 252.30 million to SEK 306.90 million.