OrganoClick: Several markets still weak, but one bright spot - ABG

Q3e: sales SEK 33m, -2% y-o-y, EBIT SEK -1m (-3m)
Hotel, restaurant and construction markets remain weak
GC&MP to partly compensate for this on strong momentum


Q3 expectations

The hotel, restaurant and construction markets continue to be weak, and we forecast Q3 sales of SEK 33m, down 2% y-o-y (NW&FT -10%, GC&MP +20%, FW -7.5%). While this is hurting the NW&FT and FW segments, strong momentum in the GC&MP segment partly compensates for this. We estimate EBIT of SEK -1m (-3m), as we expect cost control to remain good.

Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/organoclick/Equity-research/2024/10/organoclick---several-markets-still-weak-but-one-bright-spot/