INVISIO: Earnings miss off-set by order beat - ABG

Q3 EBIT -27% vs cons but orders +31% vs cons
Positive Q4 guidance and longer-term outlook reiterated
Estimates slightly down 2024e, flat to slightly up 2025e


Q3 details

Sales SEK 352m (-7% vs ABG 380m, -7% vs cons 378m). Adj. EBIT 57m (-25% vs ABG 76m, -27% vs cons 78m). Adj. EBIT margin 16.3% (ABG 20.1%, cons 20.6%). Order intake SEK 503m (36% vs ABG 370m, 31% vs cons 384m). Organic sales growth 14% (ABG 24%, cons 27%), gross margin 57.7% (vs ABG 60.6%, cons 60.1%).

Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/invisio/Equity-research/2024/10/invisio---earnings-miss-off-set-by-order-beat/