The Q2 report confirmed that Absolent is on the right track with organic growth of 7% and margins improving significantly Y/Y and Q/Q.
Absolent delivered another quarter with solid numbers across the board.
Absolent’s Q1 report showed continued organic growth of 7%, some margin improvements and a strong cash flow.
Overall, Absolent is showing continued progress with 7% organic top-line growth and improving margins in the first quarter.
Redeye is encouraged to see Absolent returning to organic growth of 10% in the fourth quarter as BA Industrial broke the negative trend.
Redeye was surprised to see organic sales growth of 10% in the fourth quarter.
Absolent’s third quarter showed sequential improvement, although sales and margins were still down Y/Y and just below our forecasts.
Absolent’s Q3 report shows a similar pattern as H1’25, but with some improvements and bright spots.
Redeye remains confident on the case but makes some further downward adjustments to our forecasts on the back of the Q2 report.
Redeye comments on Absolent’s Q2 numbers which overall were a notch below our forecast.
Redeye is revising near-term forecasts and valuation, following a weak Q1 and current market headwinds.
Absolent published preliminary Q1 numbers on April 23rd due to weak performance in the latter part of the quarter.
Redeye is not entirely surprised to see that Absolent has experienced significant headwinds in Q1.
Redeye is only making rather small changes to forecasts and valuation following the full year report, which was largely in line with our for...
Absolent’s Q4 numbers are well in line with Redeye’s expectations on Group level in terms of sales and earnings.
Today Absolent announced that Anders Hülse has been appointed new CEO and President of the group.
Redeye is making some downward revisions to our near-term forecasts on the back of softer Q3 numbers and outlook.
Redeye expected a more stable top-line in the third quarter.
Redeye remains confident on the case, despite the unexpected news of CEO Axel Berntsson leaving the company.
Redeye is surprised to hear that CEO Axel Berntsson is leaving the company to take on the role as CEO of Bulten AB (listed at Nasdaq).
Redeye concludes that Q2 numbers on Group level were very much in-line with our expectations.
Redeye initiates coverage of Absolent Air Care Group, a leader in industrial air filtration The global market is huge and fragmented with a ...
