Sweden's Alcadon Q2 net sales rise 2.1%, EBITA up 9.1%
Sweden's Alcadon Q2 net sales rise 2.1%, EBITA up 9.1%
Overview
Sweden network infrastructure supplier's Q2 net sales rose 2.1% in constant currency
Adjusted EBITA for Q2 increased 9.1%, margin improved to 7.3%
Company acquired antenna developer A-Antennas AB during the quarter
Outlook
Company did not provide specific guidance or outlook for future periods
Result Drivers
ACQUISITION - Co acquired A-Antennas AB, an antenna developer, during the quarter
Company press release: ID:nMFN4rcMTk
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 EPS |
| SEK 0.54 |
|
Q2 Net Income |
| SEK 13.30 mln |
|
Q2 Gross Margin |
| 27.10% |
|
Q2 Adjusted Free Cash Flow |
| SEK 19.90 mln |
|
Q2 EBITA |
| SEK 24.60 mln |
|
Analyst Coverage
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 15 three months ago
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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.)