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ARJO B — Arjo AB (publ) News Story

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HealthcareBalancedMid CapSuper Stock

Sweden's Arjo Q2 revenue beats estimates on product demand

Sweden's Arjo Q2 revenue beats estimates on product demand


Overview

  • Sweden healthcare equipment firm's Q2 revenue grew 4.7% organically, beating analyst expectations

  • Adjusted EBITDA and adjusted EBIT for Q2 both beat analyst expectations

  • Company expanded management team and received SEK 22 mln initial US tariff refund


Outlook

  • Company did not provide specific guidance for future quarters or the full year


Result Drivers

  • PRODUCT DEMAND - Co said high demand for its products and solutions drove organic growth in the quarter, per CEO Andréas Elgaard

  • MANAGEMENT TEAM EXPANSION - Co expanded management team to include five regional managers to enhance commercial focus and execution capabilities

  • US TARIFF REFUND - Co received initial SEK 22 mln refund related to US tariffs previously paid under IEEPA


Company press release: ID:nWkrblKwwd


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

Beat

SEK 2.76 bln

SEK 2.71 bln (5 Analysts)

Q2 Adjusted EBITDA

Beat

SEK 482 mln

SEK 470 mln (4 Analysts)

Q2 Adjusted EBIT

Beat

SEK 211 mln

SEK 196.82 mln (5 Analysts)

Q2 Adjusted Free Cash Flow

SEK 257 mln


Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy."

  • Wall Street's median 12-month price target for Arjo AB (publ) is SEK30.00, about 12.5% above its July 13 closing price of SEK26.66

  • The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago


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.)

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