Overview
Nordic care provider's Q4 net sales rose 15%, slightly beating analyst expectations
Company continued investing in growth through acquisitions and new operations
Company announced additional share buyback program of up to two million shares
Outlook
Ambea plans to expand in Finland with acquisitions totaling annual sales over SEK 200 mln
Company sees favorable conditions for expansion under Denmark's new Elderly Care Act
Ambea to implement share buyback program for up to two mln shares
Result Drivers
ACQUISITIONS IN FINLAND - Ambea expanded in Finland's care market through acquisitions, boosting annual sales by over SEK 200 mln
OPERATIONAL IMPROVEMENTS - Co invested in leadership training and IT enhancements to strengthen operational structure and scalability
GROWTH IN SWEDEN - Acquisitions in Sweden increased capacity in key services with strong demand, contributing to growth
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Slight Beat*
SEK 4.19 bln
SEK 4.16 bln (3 Analysts)
Q4 Adjusted EPS
SEK 1.56
Q4 Net Income
SEK 130 mln
Q4 EBIT
SEK 301 mln
Q4 EBITA
SEK 327 mln
Q4 Free Cash Flow
SEK 881 mln
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the healthcare facilities & services peer group is "buy."
Wall Street's median 12-month price target for Ambea AB (publ) is SEK160.00, about 20.8% above its February 11 closing price of SEK132.40
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago
Press Release: ID:nWkr29M742
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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.)