Nilörngruppen: Visibility is coming back - ABG
Sales +7% and EBIT +11% vs. ABGSCe
Organic growth of +10%, better than ABGSCe +3%
Order bookings beat supports positive cons. est. revisions
Q1'24 impressions
Nilörngruppen reports Q1'24 sales of SEK 242m (+7% vs. ABGSCe 226m), gross profit SEK 105m (+10% vs. ABGSCe 96m), EBIT SEK 22.5m (+11% vs. ABGSCe 20m), net profit SEK 17m (+21% vs. ABGSCe 14m). Order bookings came in at SEK 233m, implying an increase of +5% y-o-y. As the order bookings continue to normalise, visibility increases. The gross margin was once again better than we had anticipated, yet still within a historical range.
Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/nilorngruppen/Equity-research/2024/4/nilorngruppen---visibility-is-coming-back/