Garo Aktiebolag (publ) (GARO.ST)

107.50 -2.50 (-2.27%) As of 12:54PM CET. Market open.

Garo Aktiebolag (publ)

Södergatan 26
Gnosjö 335 33
Sweden
46 3 70 33 28 00
https://www.garo.se

Sector(s): Industrials
Industry: Electrical Equipment & Parts
Full Time Employees: 525

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Patrik Andersson	Pres & CEO	3.4M	N/A	1978
Ms. Helena Claesson	Chief Financial Officer	N/A	N/A	1969
Mr. Daniel Emilsson	Chief Technology Officer	N/A	N/A	1975
Ms. Malin Rylander Thordén	Investor Relations Director	N/A	N/A	1970

Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SEK.

Description

Garo Aktiebolag (publ), together with its subsidiaries, develops, manufactures, and markets electrical installation products and systems in Sweden, Norway, Finland, Poland, Ireland, and the United Kingdom. Its installation products include plugs and sockets, switches, lightning cabinets, switchboard systems GPK, switchboard GCS, cable cabinets, junction boxes, aluminum enclosures, meter boards, IT and meter cabinets, consumer units, DIN rail components, multiple socket outlets, and KNX products. The company also offers temporary power products, such as plugs and sockets, workplace light fixtures and fittings, distribution boards, main and final distribution assemblies, temporary electric chargers, multiple socket outlets, and fan heaters; wallboxes, charging stations, cable cabinets, camping posts, and electric vehicle accessories; and camping, marina, and engine heater power outlets, as well as customized products. Garo Aktiebolag (publ) was founded in 1939 and is headquartered in Gnosjö, Sweden.

Corporate Governance

Garo Aktiebolag (publ)’s ISS Governance QualityScore as of October 1, 2022 is 3. The pillar scores are Audit: 8; Board: 4; Shareholder Rights: 1; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.