Bredband2: Solid report, slightly better customer intake - ABG

Sales and EBITA in line, c. 6% organic growth y-o-y
Better customer intake, +1,900 q-o-q (ABG +1,000)
Expect cons to make minor revisions on '25e EBITA

Q4 results

Sales SEK 445m (0% vs ABG 445m), EBITDA 73m (2% vs ABG 72m), EBITA 45m (-1% vs ABG 45m), EBIT 39m (0% vs ABG 39m), EPS 0.03 / share (2% vs ABGSCe 0.03 / share). FCF (excl. leasing and M&A) was slightly weaker than expected at SEK 32m (ABG 38m).

Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/bredband2/Equity-research/2025/2/bredband2---solid-report-slightly-better-customer-intake/