Divests the smallest group company Hedén Minor effect on estimates, outlook unaffected Trading at 16-6x P/E, we reiterate our fair value ran...
Operationally as expected: sales SEK 233m, adj. EBITA margin 8% SEK 94m tax deferral brings leverage down to 2.
- Sales-1% and adj. EBITA +9% vs. ABGSCe - Leverage down to 2.
Q3e sales SEK 234m, +5% y-o-y (-7% org.), adj. EBITA margin 7.
Q2 likely hit particularly hard, due to Nordbutiker/DOFAB seasonality Near-term macro headwinds, but long-term outlook still good Trading at...
Sales -1% and adj. EBITA -14% vs. ABGSCe Weakness in DOFAB, Nordbutiker; temporary higher costs in others Mixed outlook: weak consumer, but ...
EPS delivery delayed until Q3 due to Linguacom bankruptcyExpect less of a peak in Q2 as seasonal effects diminishTrading at 10x '24e P/E vs.
Linguacom files for bankruptcy following recent embezzlement Q2e results affected by SEK -23.
Continued strong demand translates into growth and profitability New financing done, meaningful EPS and FCF ahead 8x '23e EV/EBITA or 11x '2...
5% beat on sales, 25% beat on adj. EBITA Demand remains strong, material costs decrease boosts margins Strong operating result and refinanci...
One-time refinancing and main market expenses to weigh on Q1 Net margin to improve from 0.
Strong report when properly adjusted for SolidEngineer Targets 15% sales CAGR (10% organic) and 10% EBITA margin Trading at 9x '23e adj.
Sales -3% and adj. EBITA -8% vs. ABGSC SolidEngineer and earn-out revaluations affect reported results New financial targets Q4 results Sal...
Watch out for the SolidEngineer changes Major estimate changes following recent events 10x '23e adj.
Acquires Borö Pannan for SEK 110m (+30m earn-outs) Performs directed share issue of SEK 250m at SEK 19 per share Announces intention to refi...
Q3e sales and adj. EBITA of SEK 230m and 23m F12m EV/EBITA down from 12.
23% organic sales growth Demand remains strong in Q3, margins to improve 7x ’23e EV/EBITA Sales up 170% y-o-y, adj.
Sales and adj. EBITA 20% and 12% vs. ABGSCe Organic growth of 23% vs.
Q2 report due Tuesday, 23 August We expect 167% adj.
Acquires OPO Scandinavia Adds 8% and 13% to ‘22e pro forma sales and EBITDA ‘22e ND/EBITDA at 2.
‘22e ND/EBITDA of 2.2x… …would expand to 2.9x if Seafire executes on M&A… …which could add 43% pf to EBITA, all else equal Successfully iss...
Announces potenial tap issue of SEK 200m In dialogue with several potential acquisition targets… …where final decisions are expected in May ...
A strong start to FY’22, as expected ‘22e-‘24e adj.
Organic growth of 21% (ABGSCe 6%) Adj. EBITA slighly weaker than expected on cost inflation Estimates up on acquisition of SolidEngineer Q1...
Nettoomsättningen under Q2’21 ökade med 43% (−5% organiskt) till 105,1 mkr (73,6), vilket var 17 mkr under vår förväntan.
