Sweden's Nordisk Bergteknik Q4 sales rise, EBIT margin improves on increased customer activity

About this update from Nordisk Bergteknik Ab Class B

OverviewSweden rock handling firm's Q4 net sales rose 2% yr/yrAdjusted EBIT margin improved to 5.7% from 3.7%Company saw increased customer activity and improved capacity usageOutlookNordisk Bergteknik did not provide specific future guidanceResult DriversCUSTOMER ACTIVITY - Gradual increase in customer activity and improved capacity usage contributed to organic growth, per CEO Andreas ChristofferssonINFRASTRUCTURE PROJECTS - Ongoing major infrastructure projects supported organic growth and increased salesEFFICIENCY IMPROVEMENTS - Strengthened EBIT margin due to efficiency and competitiveness efforts, per CEO Andreas ChristofferssonKey DetailsMetricBeat/MissActualConsensus EstimateQ4 SalesSEK 911 mlnQ4 Adjusted EPSSEK 0.04Q4 Adjusted EBITSEK 52 mlnQ4 Adjusted Free Cash FlowSEK 175 mlnQ4 Organic Growth2.00%Analyst CoverageThe 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 agoPress Release: For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

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