Pareto repeats buy rating with SEK 380 target for Addtech stock

Published on 10/15/2026 at 10:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter organic growth is seen at zero percent, with EBITA at SEK 916.00 million. Addtech stock costs EUR 28.97 on October 15, 2026.

Targets and reporting dates

Pareto repeated its buy rating and set a SEK 380.00 target on October 15, 2026.
Second-quarter EBITA is expected at SEK 916.00 million, 2.20 percent below consensus.
Addtech stock trades at EUR 28.97 at 9:58 a.m. CEST at Lang & Schwarz on October 15, 2026.

Addtech, SE0014781795, Illustration mit AI erstellt.

Addtech (ISIN SE0014781795) has a SEK 380.00 price target from Pareto, which repeated its buy rating on October 15, 2026. The research house expects zero organic growth in the second quarter and EBITA of SEK 916.00 million, 2.20 percent below consensus, while forecasting stronger growth in the third quarter.

Pareto sees a third-quarter pickup

According to MarketScreener on October 15, 2026, Pareto expects larger orders and acquisitions to support an acceleration in the third quarter. Pareto also raised its EBITA forecasts by 1.00 to 1.80 percent for fiscal years 2026/27 through 2028/29.

The forecast presents a mixed near-term picture: zero organic growth is expected in the second quarter, but the 916 million kronor EBITA estimate points to continued earnings capacity. The 2.20 percent gap to consensus gives investors a concrete measure of the execution hurdle.

What do the recent events show?

The chronology has three measurable steps. On October 5, 2026, Addtech acquired 82.00 percent of British Mechanical Power Transmission, a company with 57 employees, according to FinanzNachrichten. On October 6, 2026, DNB Carnegie cut its target from SEK 410.00 to SEK 395.00 while retaining its buy rating, as reported by Placera. Pareto's SEK 380.00 target and zero-growth second-quarter view followed on October 15, 2026.

Which dates matter next?

Addtech's next quarterly report is scheduled for October 22, 2026, followed by a report on February 2, 2027, according to Affarsvarlden. The October report will test whether the forecast acceleration is visible in reported revenue and operating profit.

Stock trades in the morning

Addtech's latest twelve-month revenue was SEK 23.036 billion and operating profit was SEK 3.169 billion, with a 13.80 percent operating margin, according to Affarsvarlden. The latest twelve-month figures give the analyst forecast a clear benchmark: projected EBITA of SEK 916.00 million is measured against the company's established earnings base.

Addtech was trading at EUR 28.97 at Lang & Schwarz on October 15, 2026 at 9:58 a.m. CEST. Its market capitalization was SEK 83.3 billion as of October 15, 2026, and the company operates in industrial distribution across automation, electrification, energy, industrial solutions and process technology. The further course of trading is shown by the continuously updated real-time quote of Addtech stock.