Aktieanalys

Alcadon: Keeps the cash coming - ABG

ABG Sundal Collier 26 Feb 07:47

Adjusted earnings in line, strong cash flow
Financial risk has come down notably
EBITA down 2% for '24e, but up 2% for '25e

Strong cash flow in Q4, and more to come

Q4 adjusted EBITA was roughly in line with our expectations (reported was above), but in our view the highlight of the report was the strong cash flow, helped by a sizeable working capital release. Moreover, management commented on the conference call that working capital remains elevated and that net financials should come down in '24e compared to the Q4 run-rate. Both of these comments should support continued solid cash conversion.

Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/alcadon/Equity-research/2024/2/alcadon---keeps-the-cash-coming/

Börskollens app – Högt betyg ⭐⭐⭐⭐⭐ och 250.000 nedladdningar

Ladda hem

Vårt nyhetsbrev – Utvalda börsnyheter och heta investeringscase varje vecka

Prenumerera

Nyheter om Alcadon Group

Läses av andra just nu

Innehåller annonslänkar. Investeringar innebär risk (se här)

Tips: 50% rabatt hos fondroboten Opti

Dags att komma igång med sparande? Fondroboten Opti erbjuder en populär spartjänst som är perfekt för regelbundet månadssparande. Just nu får nya kunder som använder Börskollens unika kampanjkod BORSKOLLEN50 automatiskt 50 % rabatt på Optis avgift i 3 månader!