* Strong FM&WT EBIT margin (19% vs. ABGSCe 15%) * We trim our margin estimates for Decommissioning and Scandpower * .
* Sales -4% & EBIT adj. SEK 5m below vs. ABGSCe * Strong quarter for FM&WM, weaker for Decommissioning * Expecting gradual improvement in De...
* EBIT adj. SEK 7.2m (9.4m), vs. ABGSCe of SEK 14m * We lower '26e-'27e EBIT adj.
* Sales -9% & EBIT adj. SEK 7m below vs. ABGSCe * EBIT impacted by SEK +6 m one-off gain from Q3’24 fraud * Underlying customer demand intac...
* Report out on 4 November * Q3e sales of SEK 225m (+12% y-o-y), EBIT adj.
Bright spot in FMWT Q2 sales were SEK 228m, -3% y-o-y and flat y-o-y in local currencies, while EBIT adj.
Q2 results Sales fell 3% y-o-y and were 7% below our estimate.
Q2 expectations Studsvik will report its Q2 on 22 July, and we forecast sales of SEK 246m, +5% y-o-y (Decommissioning +5%, FMWT -0.
Cost initiatives a success in FWMT... ...and Scandpower continues to excel High competition and price pressure in Decommissioning Q1: Sales...
F&MT recovers from Q3 challenges Scandpower ends the year in style Decommissioning behind 5% cut to '25e EBIT Q4: Sales +8% y-o-y, adj.
F&MT initiates cost-cutting program Gradual recovery expected Q4 due on 10 February Q4e: Organic sales +1% y-o-y, adj.
- Technical production disruptions in the hot cell - Scandpower showing positive signs - We lower '25e EBIT by 10%, mainly from F&MT Q3: Sal...
Profitability hampered by IAC in Scandpower Adj. EBIT margins to strengthen Negative revisions stem from fraudulent payments Q3e: Organic s...
- Profitability yet to improve - Extrem Borr och Sågteknik added to numbers - Positive revision mainly from M&A: '25e EBIT up 9% Q2: Organic...
- More positive news for Scandpower - Profitability has always been volatile - Minor revisions with '24e EBIT down 1% Q1: Organic sales +11%...
Scandpower excels through licence sales Higher sick leave in Decommissioning Minor revisions with '24e EBIT down 1% Q4: Organic sales -2% y...
3 of 4 divisions showed progress in Q3 Scandpower was the outlier with no licence sales '24e EBIT up 2% Q3: Organic sales -5% y-o-y, EBIT m...
• Decommissioning and Scandpower excel... • ...but are overshadowed by delays within F&MT • '23e-'25e EBIT revised down 11-2% Q2: Organic sa...
Production stop in F&MT affects Q1 Decommissioning a bright spot Report in line with ABGSCe when adjusted for F&MT Q1: Organic sales -3% y-...
Deal with Westinghouse important for Waste Mgmt.First order for SMRs within the F&MT segmentStrong FCF from release of working capitalQ4: Ad...
Q3 sales 6% better than ABGSCe Long-term positive EPS revision of ~5% Sweden the latest country to support nuclear Q3: Strong quarter dri...
Q2 sales growth of 1% y-o-y EBIT down 8-6% for ’22e-‘24e Business with Russia on pause for now Q2: Sales of SEK 203m (201m), EBIT of SEK 8.
Q1 sales growth of 15% y-o-y, albeit lower EBIT Range of estimate adjustments, long-term EBIT -1% Working capital build-up to ease throughou...
