Overview
Sweden-based vertical access solutions firm's Q4 revenue fell 7%, missing analyst expectations
Adjusted EBITA for Q4 missed estimates, margin decreased due to weak division performance
Company reported organic order intake growth of 6% despite overall decrease
Outlook
Company did not provide specific guidance for future quarters or years
Result Drivers
ORDER INTAKE - Strong contributions from Facade Access, Wind, and Height Safety & Productivity Solutions divisions, while Construction division reported weak order intake
REVENUE DECLINE - Revenue decreased in Facade Access and Wind divisions, despite positive organic growth in Height Safety & Productivity Solutions and Construction divisions
MARGIN PRESSURE - Adjusted EBITA margin decreased due to weak margins in Construction and Height Safety & Productivity Solutions divisions
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
SEK 1.69 bln
SEK 1.73 bln (2 Analysts)
Q4 Adjusted EBITA
Miss
SEK 284 mln
SEK 297.80 mln (2 Analysts)
Q4 Basic EPS
SEK 0.98
Q4 EBITA
SEK 223 mln
Q4 Operating Cash Flow
SEK 276 mln
Q4 Orders
SEK 1.81 bln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the heavy machinery & vehicles peer group is "buy"
Wall Street's median 12-month price target for Alimak Group AB (publ) is SEK173.00, about 24.3% above its February 9 closing price of SEK139.20
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 16 three months ago
Press Release: ID:nMFN4V4jxH
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.)