Picture of Alcadon AB logo

ALCA — Alcadon AB News Story

0.000.00%
se flag iconLast trade - 00:00
TechnologyAdventurousSmall CapSuper Stock

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


Reuters Recommended Reads

  • Aug 18 - Switzerland's Huber+Suhner H1 sales rise 2.6% EBIT falls on investments

  • Aug 17 - MTI Wireless Edge H1 revenue rises on Mottech demand

  • Aug 17 - Sweden's Kjell Group Q2 sales rise on improved inventory availability


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(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.)

Recent news on Alcadon AB

See all news