Analyser av Cavotec

Cavotec: Profitability improvements, but lower orders - ABG

Q3 sales EUR 44m (+5% y-o-y), order intake EUR 36m (-5% y-o-y) Margin improvements but slight decline in orders We raise '24e-'26e sales +2%...

ABG Sundal Collier • 11 Nov 07:28

Cavotec: Seventh quarter of EBIT improvement - ABG

Orders -9%, sales +10% vs. ABGSCe EBIT EUR 3m (vs. ABGSCe 2m), for a margin of 7% Profitability improvements driven by P&M division Q3: Pro...

ABG Sundal Collier • 08 Nov 10:34

Cavotec: Ready to push the pedal on growth - ABG

- Q3 report out on 8 November, 07:00 CET - '24e-'26 sales and EBIT ests.

ABG Sundal Collier • 25 Oct 11:54

Cavotec: Still room for improvement - ABG

- Q2 sales EUR 43m, -7% y-o-y, order intake EUR 40m, +11% y-o-y - Minor adjustments to '24-'26 estimates - FCF positive, continued focus on ...

ABG Sundal Collier • 26 Jul 08:38

Cavotec: Margin improvements and positive FCF - ABG

- Orders -6% vs ABGSCe, sales in line, EBIT 31% above - Adj.

ABG Sundal Collier • 25 Jul 08:31

Cavotec - Normalised growth but improving margin - ABG

Q2e: Positive margin trends and cash flow We expect Q2 sales of EUR 42.

ABG Sundal Collier • 05 Jul 08:33

Cavotec: Margins climb for fifth straight quarter - ABG

Q1: sales EUR 42m, +9% y-o-y, order intake EUR 40m, -5% y-o-y We lower '24e-'26e sales and order intake by 6-10% and 4-6% Keep margin estima...

ABG Sundal Collier • 16 May 07:16

Cavotec: Margin improvements taking effect - ABG

Sales -3%, EBIT +15%, order book -2% v.s. ABGSCe EBIT margin strengthened to 4.

ABG Sundal Collier • 15 May 08:16

Cavotec: Margin improvements ahead - ABG

Q1 report due Wednesday 15 May at 07:00 CEST Q1e: sales EUR 44.

ABG Sundal Collier • 10 May 07:34

Cavotec: Steady grind bearing fruit - ABG

Positive margin, sales and cash flow trend continues '24e-'25e EBIT up 11-4%; 53% CAGR '23-'26e 12-5x EBIT '24e-'26e, 3-10% FCF yields Four...

ABG Sundal Collier • 26 Feb 16:47

Cavotec: Better across the board - ABG

Sales +17% org., EBIT margin 7.6% (ABGSCe 5.6%), good FCF Encouraging momentum, Q4 beat in isolation lifts '24 EBIT by ~10% Better growth, p...

ABG Sundal Collier • 23 Feb 09:02

Cavotec: Margin progression set to continue - ABG

Q4 report due Friday, 23 February at 07:00 CET 6.0-9.

ABG Sundal Collier • 23 Jan 07:41

Cavotec: Backlog clean-up drives higher margins - ABG

Better margins and FCF, lower sales and orders '23e/'24e/'25e EBIT down 4/6/2%; 4.

ABG Sundal Collier • 13 Nov 2023 07:19

Cavotec: Encouraging margins and cash flow - ABG

1% org. sales (ABGSCe 19%), 4.1% margin (ABGSCe 3.8%) Q3 in isolation would yield limited estimate revisions Small positive due to margins, ...

ABG Sundal Collier • 10 Nov 2023 08:42

Cavotec: The positive margin ramp-up continues - ABG

• Good sales and margins, lower orders and FCF • EBIT estimates largely unchanged '23e-'25e • 19-7x EBIT '23e-'24e, 17% org.

ABG Sundal Collier • 31 Jul 2023 07:28

Cavotec: Stronger margins, lower orders - ABG

• 45% organic sales, 2.6% EBIT margin (ABGSCe 1.9%) • Guides for gradually improving margins in 2023 • Some positives and negatives, likely ...

ABG Sundal Collier • 28 Jul 2023 08:46

Cavotec: Losses should now be behind us - ABG

Orders remain strong while EBIT turns positive 4.2-9.

ABG Sundal Collier • 28 Apr 2023 15:51

Cavotec: Strong growth, break-even margins - ABG

45% organic sales, 1% EBIT margin (ABGSCe neg.) Guides for a "steady improvement" in margins for 2023 A positive start to the year Q1 detai...

ABG Sundal Collier • 27 Apr 2023 10:27

Cavotec: Profitability set to kick in from H2'23 - ABG

Q1 report Thursday, 27 April, 07:00 CET '23e EBIT -2%, '24e EBIT up 1% 26-7x EBIT '23e-'24e, 18% org.

ABG Sundal Collier • 24 Apr 2023 09:08

Cavotec: The road towards profitability continues - ABG

Cost headwinds persist, share issue strengthens cash position 3.

ABG Sundal Collier • 01 Mar 2023 08:33

Cavotec: SEK 165m issue to improve balance sheet - ABG

12% (pre-Q4) dilutive EPS impact, ND from EUR 30m to 15m Alleviates gearing concerns until earnings improve Positive, but need to show impro...

ABG Sundal Collier • 23 Feb 2023 07:38

Cavotec: 48% org sales, but negative EBIT - ABG

Higher sales, but also higher losses Solid demand outlook, some caution on margins Margins and neg.

ABG Sundal Collier • 22 Feb 2023 09:17

Cavotec: Another loss likely in Q4, focus on outlook - ABG

Q4 report due Wednesday, 22 February, 07:00 CET '23e-'24e EBIT down 4-3%, mainly due to FX 12-5x EBIT '23e-'24e, gradual ramp-up in margins ...

ABG Sundal Collier • 17 Feb 2023 08:59

Cavotec: Increased confidence in H2 profitability - ABG

Strong backlog, growth in sales and break-even EBIT ‘22e EBIT up 2%, ‘23e-‘24e EBIT down 9-4% ‘24e EBIT 4x above ‘22e, 24% org.

ABG Sundal Collier • 28 Jul 2022 08:53

Cavotec: Higher sales and smaller losses than expected - ABG

Backlog +98% y-o-y, sales +20% organically, break-even Airports exit to be finalised this week, ramp-up in H2’22 Positive quarterly performa...

ABG Sundal Collier • 27 Jul 2022 08:57

Cavotec: Largest shore power order ever recorded - ABG

10% of our 2022e order backlog, Q1’22 BTB was 1.5x Deliveries from the backlog key to profitability ‘24e EBIT 4x above ‘22e, 26% org.

ABG Sundal Collier • 03 May 2022 07:49

Cavotec: Strong backlog supports return to profitability - ABG

Annualised orders approaching ~EUR 200m Return to profitability in H2’22e ’24e EBIT 4x above ’22e, 26% org.

ABG Sundal Collier • 02 May 2022 07:46

Cavotec: Better than expected - ABG

Continued strong backlog build-up, bank amendment China production expected to resume mid-May Small positive relief expected Q1 details Con...

ABG Sundal Collier • 29 Apr 2022 10:15

Cavotec: New CEO announced - ABG

David Pagels, CEO at Dellner Couplers 2013-2021 Track record of driving profitable growth in industrials A good candidate at first glance D...

ABG Sundal Collier • 27 Apr 2022 09:21

Cavotec: Accelerated order momentum, but lower sales - ABG

Q2 results Market activity is improving, especially in ports.

ABG/Introduce • 30 Jul 2021 08:39

Börskollen

För dig med koll på börsen