Alcadon Q3 net sales rise year on year on currency neutral growth
Alcadon Q3 net sales rise year on year on currency neutral growth
Overview
Sweden digitalisation enabler's Q3 net sales rose 17% yr/yr, driven by currency-neutral sales growth
Adjusted EBITA for Q3 grew 17% yr/yr
Q3 operating cash flow turned negative compared to last year
Outlook
Alcadon did not provide specific guidance or outlook for the coming periods in the press release
Result Drivers
CURRENCY-NEUTRAL SALES GROWTH - Co said Q3 net sales rose 14% in unchanged currency
HIGHER PROFITABILITY - Adjusted EBITA and margin improved in Q3
NEGATIVE CASH FLOW - Q3 operating cash flow turned negative compared to last year
Company press release: ID:nMFN2Vtf67
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 EPS |
| SEK 0.68 |
|
Q3 Net Income |
| SEK 16.60 mln |
|
Q3 Gross Margin |
| 26.00% |
|
Q3 Adjusted Free Cash Flow |
| -SEK 1.80 mln |
|
Q3 EBITA |
| SEK 27.20 mln |
|
Analyst Coverage
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 13 three months ago
Reuters Recommended Reads
Nov 3 - Sweden's Rejlers Q3 sales miss as war in Iran, delayed Norway projects weigh
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Nov 3 - Sweden's Latour Q3 industrial profit jumps on sales volume
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)