CTEK AB
1.16
EUR
-0.04
(-3.34%)
ISIN
SE0016798763
Return %
Stock
S&P 500
1Y
-3.18
14.20
3Y
-32.20
81.12
5Y
-92.79
68.34
Capital Structure
SEK
•
in mil. unless spec.Working Capital
SEK
•
in mil. unless spec.Growth Rates
SEK
•
in mil. unless spec.Quarterly Revenue
SEK
•
in mil. unless spec.Quarterly Earnings Per Share
SEK
•
in mil. unless spec.Quarterly Dividends Per Share
SEK
•
in mil. unless spec.Company Description
- CEO
- Henrik Fagrenius
- Full Time Employees
- 201
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- Strandvägen 15 Vikmanshyttan Sweden 791 42
- IPO Date
- Sep 24, 2021
- Website
- ctek.com
- Similar Companies
- Business
- CTEK AB (publ) develops, markets, and sells advanced battery charging products primarily for vehicles, including 12V and 24V battery chargers for automotive, motorcycle, and small battery applications, as well as electric vehicle (EV) charging solutions. Its product range spans premium battery chargers with patented float/pulse maintenance technology, smart maintainers, booster units, load balancing systems, back-end software solutions, and accessories for EV charging infrastructure. The company serves two main segments: Consumer, offering over 200 premium battery chargers and EV chargers for private and commercial use; and Professional, providing customized EVSE (Electric Vehicle Supply Equipment) and low voltage charging solutions to leading vehicle manufacturers such as Ferrari and Porsche, charge point operators, parking companies, and large corporate clients. CTEK’s products are sold globally through a network of distributors, retailers, and OEM partnerships, servicing markets across Sweden, the Nordics, DACH region, Americas, and the rest of Europe. Founded in 1997 and headquartered in Vikmanshyttan, Sweden, CTEK employs over 230 staff representing more than 23 nationalities. Recent major developments include the launch of new power booster products targeting an expanded addressable market in power solutions, aiming for significant growth by 2028, alongside strategic refinements following its Capital Markets Day in 2025 that set ambitious financial targets of reaching SEK 2 billion in sales and a 20% adjusted EBITA margin by 2028. The company has also strengthened its financial position with a SEK 600 million multi-currency revolving credit facility agreement established in 2024. CTEK continues to innovate in the EV charging space with offerings such as the MXTS 40 showroom charging solution and advanced load balancing and cloud-based management systems to enhance user experience and operational efficiency. These strategic moves align with CTEK’s commitment to sustainability and leadership in global vehicle charging solutions, serving over 50 prominent vehicle manufacturers and expanding its footprint in EV infrastructure worldwide. CTEK’s industry focus is in battery management and electric vehicle charging within the electrical equipment manufacturing sector, positioning itself as a global market leader in innovative, safe, and user-friendly vehicle battery and charging technologies. Its comprehensive product ecosystem supports the transition to greener mobility through high-performance battery maintenance and scalable EV charging solutions, reinforcing its presence across consumer and professional markets in Europe, the Americas, and beyond.