Bredband2: Solid Q3, prices set to rise - ABG

Solid Q3, particularly on EBITA margins
Price hikes to help margins in Q4e and beyond
Expect cons to do small revisions on '25e-'26e EBITA


Q3 results

Sales SEK 438m (0% vs ABGSCe 437m), EBITDA 72m (-1% vs ABGSCe 73m), EBITA 45m (-1% vs ABGSCe 45m), EBIT 39m (5% vs ABGSCe 37m), EPS 0.03 / share (12% vs ABGSCe 0.03 / share). Please note that we had not included the acquisition of Bredbandsson into our forecasts, which likely contributed with sales of ~SEK 4m. FCF (excl. leasing and M&A) was strong at SEK 76m, up 52% y-o-y.

Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/bredband2/Equity-research/2024/11/bredband2---solid-q3-prices-set-to-rise/