Analyser av Garo

GARO: Component issues to disappear in '24e - ABG

Q4 numbers in line with pre-announcement Component issues should improve gradually The share is trading at 31-18x P/E on '23e-'24e Q4 in li...

Guides for SEK 9m in Q4 EBIT on component shortages Problems remain in H1, we cut '22e-'23e EBIT by 11% and 28% Stock trades at 26x and 16x ...

Major profit warning on component shortages, see SEK 9m in Q4 EBIT Clearly below ABGSCe, likely material estimate revisions to both '22-'23e...

We lower EBIT by 8-2% for ’22e-’24e Component shortages are still an issue New system and products to be launched in Q4 Q3’22 results GARO ...

EBIT SEK 37m vs. ABGSCe SEK 41m Disappointing guidance for Q4’22 Conference call at 09.

Q3 report due on Friday, 11 November We lower our ’23e EBIT by 2% Improved infrastructure will boost long-term growth Q3’22 expectations ...

Q2’22 EBIT of SEK 40m vs. ABGSCe SEK 61m Temporary component shortages hold back sales We lower EBIT by 17-4% for ’22e-’24e Q2’22 weaker tha...

Component issues holding back near-term sales GARO well-positioned to accelerate growth in H2 Maintain fair value range at SEK 170-220 per s...

Q2 EBIT of SEK 55m (+18% vs. ABG, +25% vs. cons) ’21-’23e EBIT up 15-20%, positive on outlook 30.

Q2’21 expectations We expect a strong Q2 report with sales of SEK 300m, +26% y-o-y (25% organic, 0% FX, 1% M&A) on normal group comps.