Sweden's TagMaster Q1 sales rise 10.6%, profit returns

About this update from Tagmaster Ab Class B

OverviewSweden sensor systems maker's Q1 net sales rose 10.6%, with 19.1% organic growthAdjusted EBITDA turned positive and margin improved to 14.4% from -2.1% last yearCompany returned to profit with Q1 EPS of 0.3 SEK after loss last yearOutlookCompany says market uncertainty persists due to tariffs, geopolitics and regulationsTagMaster expects rising input costs, especially for semiconductors, to continueCompany aims to mitigate cost pressures through efficiency measures and collaborationResult DriversEUROPE AND U.S. GROWTH - Co said strong growth in European and U.S. operations drove higher Q1 revenuePARKING AND ACCESS DIGITALIZATION - Co said strengthened offering in parking and access digitalization increased B2B sales and reduced reliance on public sector customersCOST REDUCTIONS - Group-wide efficiency program reduced costs by over SEK 9 mln compared to last year, supporting profitabilityCompany press release:Key DetailsMetricBeat/MissActualConsensus EstimateQ1 SalesSEK 110.68 mlnQ1 Adjusted EBITDASEK 15.90 mlnQ1 Gross Margin68.60%Q1 Basic EPSSEK 0.30Q1 Cash Flow From Operating ActivitiesSEK 35.70 mlnAnalyst CoverageWall Street's median 12-month price target for TagMaster AB is SEK25.00, about 3.1% below its April 23 closing price of SEK25.80For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

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