Overview
Sweden rock handling firm's Q4 net sales rose 2% yr/yr
Adjusted EBIT margin improved to 5.7% from 3.7%
Company saw increased customer activity and improved capacity usage
Outlook
Nordisk Bergteknik did not provide specific future guidance
Result Drivers
CUSTOMER ACTIVITY - Gradual increase in customer activity and improved capacity usage contributed to organic growth, per CEO Andreas Christoffersson
INFRASTRUCTURE PROJECTS - Ongoing major infrastructure projects supported organic growth and increased sales
EFFICIENCY IMPROVEMENTS - Strengthened EBIT margin due to efficiency and competitiveness efforts, per CEO Andreas Christoffersson
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
SEK 911 mln
Q4 Adjusted EPS
SEK 0.04
Q4 Adjusted EBIT
SEK 52 mln
Q4 Adjusted Free Cash Flow
SEK 175 mln
Q4 Organic Growth
2.00%
Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the construction & engineering peer group is "buy."
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago
Press Release:
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact .