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BERG B — Bergman & Beving AB News Story

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Sweden's Bergman & Beving Q1 EBITA rises on strength in Core Solutions, Safety Technology divisions

Sweden's Bergman & Beving Q1 EBITA rises on strength in Core Solutions, Safety Technology divisions


Overview

  • Sweden industrial solutions group's fiscal Q1 revenue was flat yr/yr, EBITA rose 9%

  • Company reported improved EBITA margin and higher operating cash flow


Outlook

  • Company expects demand to gradually pick up in 2026, with delayed impact on invoicing

  • Bergman & Beving says it is maintaining its direction of organic growth and acquisitions

  • Company believes it is well equipped for profitable growth as economy and construction market recover


Result Drivers

  • DIVISIONAL PERFORMANCE - Core Solutions and Safety Technology divisions delivered increased profit and stronger margins

  • MACHINERY & EQUIPMENT WEAKNESS - Division saw weaker revenue and lower earnings due to delayed customer investments, less favourable business mix and non-recurring costs

  • COST MITIGATION - Co said it mitigated rising raw material, energy and shipping costs through decentralized decision-making


Company press release: ID:nMFN1RYj2c


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 EBITA

SEK 142 mln

Q1 EBITA Margin

10.70%


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 industrial machinery & equipment peer group is "buy"

  • Wall Street's median 12-month price target for Bergman & Beving AB is SEK340.00, about 7.6% above its July 15 closing price of SEK316.00

  • The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 26 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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