* Q1: sales beat (+19% vs ABGSCe), ES-branded sales up +99% y-o-y * Q2'26 guided weak on ODM/WL inventory rebalance * We cut Q2'26e, return ...
* Sales +19% vs. ABGSCe, EBIT SEK -4m (vs. -5m) * ODM/WL down 27% y-o-y but ES-branded sales up 99% * Inventory levels down, FCF positive in...
* Q4: Back to growth and positive EBIT; sales +12% vs.
* Sales +12% vs. ABGSCe, EBIT SEK 1.2m (vs. 2.4m) * Recovery in OEM business after weaker Q2/Q3, sales up +40% * Inventory levels down but c...
* Q3 was softer, but better cost control was positive * '25e-'27e sales cut by 15-22% on lower volume expectations * Positive momentum into ...
* Q3 sales SEK 46m (vs. ABGSCe 60m), EBIT -3m (vs. ABGSCe -2m) * Better than expected cost control * Inventory levels down, FCF positive in ...
- Q2 figures in line with pre-announcement - '25e-'27e sales cut by 11% on softer Q2 - Inventory normalisation and market recovery to suppor...
- Q2 sales SEK 15m, EBIT -16m, in line with profit warning - OEM business to rebound, anticipate stronger volumes in H2'25e - ES-branded sal...
Sales and EBIT miss of SEK 22m and 7m vs. ABGSCe This afternoon, Energy Save issued a profit warning and presented sales of SEK 15m for Q2 (...
Q1 sales +40% y-o-y, +2% q-o-q, FCF negative Cut '25e-'27e sales by 7% on weaker Q2 outlook Market recovery and new products to support H2'2...
Sales SEK 54m (ABGSCe 55m), EBIT -4m (ABGSCe -7m) Market conditions remain soft, anticipates weaker Q2 Cost savings programme initiated Q1 ...
Q4 sales +25% y-o-y, +4% q-o-q, FCF positive We expect new OEM partnerships to ramp up towards end '25e Aira will remain a growth driver in ...
Sales SEK 53m and EBIT SEK -5m (vs. ABGSCe 49m & -4m) Changed reporting period, now follows calendar year Sales driven by OEM business and A...
Signs of market improving from low levels Good activity with Aira, but new partnerships will take time Market improvement the main driver to...
Sales of SEK 49m -38% q-o-q, EBIT back to negative at SEK -8m We lower FY'24/25e-FY'26/27e sales by 30-4% Aira sales on track, waiting for r...
Sales SEK 49m (ABGSCe 79m), EBIT -8m (ABGSCe +1m) Slower recovery, flat sales expected in future quarters Aira the sales driver, but negativ...
Continued sales ramp-up, 32% sales growth q-o-q (ABGSCe +18%) Positive EBIT in FY'24/'25e, ests.
Sales ramp-up continues (187% y-o-y), +13% vs. ABGSCe Positive EBIT (SEK 324k vs.
22% sales growth (ABGSCe +24%), losses to gradually improve EBIT ests roughly unchanged, 5-8% margins FY'25/26e-'26/27e 12-6x EBIT '25e-'26e...
Niche heat pump OEM with high growth potential Return to positive margins FY'25/26e 10-5x EBIT '25e-'26e, FV range SEK 28-74 A heat pump OE...
Redeye updates its estimates and fair value range following Energy Save’s Q3 2023/2024 report.
Redeye comments on Energy Save’s Q3 23/24 report, which presented sequential growth but higher costs than expected.
Redeye updates its view on Energy Save (ES) post its Q2 2023/24 report.
Redeye comments on Energy Save’s (ES) Q2’23/24 report, showing weaker sales and profitability than expected.
Redeye provides a preview ahead of ES Energy Save’s (ES) Q2 2023/24 report, due on the 19th of December.
Redeye updates its view on Energy Save (ES) post its Q1 2023/24 report.
Redeye comments on Energy Save’s (ES) Q1’23/24 report, showing weaker sales and profitability than expected.
Redeye provides a preview ahead of ES Energy Save’s (ES) Q1 2023/24 report, due on the 15th of September.
Redeye updates its view on Energy Save (ES) post the Q4 2022/23 report.
Redeye comments on Energy Save’s Q4’22/23 report, which showed lower sales and profitability than expected due to somewhat slower demand (pa...
Redeye provides a preview ahead of ES Q4 2022/23 report, due on the 16th of June.
Redeye updates its view on Energy Save after the Q3 2022/2023 report.
Redeye comments on Energy Save’s Q3’22/23 report, which once again showed superior growth (157% y/y) and healthy profitability levels.
Redeye comments on Energy Save’s directed right issue of cSEK151.
Redeye raises its estimates and valuation for Energy Save following the strong Q2 2022/2023 report and continued solid market outlook for he...
Redeye comments on Energy Save’s Q2’22/23 report. Net sales figures of SEK110m were already known.
Redeye comments on Energy Saves preliminary financials for Q2 2022/2023, which exceeded our forecast significantly.
Redeye raises its estimates for Energy Save following the strong Q1 2022/23 report and continued solid market outlook.
Redeye comments on Energy Save’s Q1’22/23 report. The report showed remarkably strong growth and managed to grow 46% sequentially.
Redeye comment on Energy Saves follow-up order from UCO.
Redeye updates its view on Energy Save post its Q4’2021/22 report.
Redeye comments on Energy Save’s Q4’21/22 report. The report showed strong growth and profitability and came in better than our estimates.
Redeye comments on Energy Save’s follow-up order from Skanska OY and the new partnership with AQ Group.
Redeye comments on Energy Save’s recently received orders.
Redeye raises its estimates for Energy Save following the surprisingly strong Q3’21/22 report.
Redeye comments on Energy Save’s Q3’21/22 report. The report showed strong growth and profitability when adjusting for one-off items.
