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BIM Bimobject AB News Story

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Sweden's BIMobject Q4 sales rise 6% on improved currency-adjusted revenue

Overview

Sweden's construction data provider's Q4 net sales rose 6% when adjusted for currency effects

Recurring revenue grew 9% adjusted for currency effects, representing 82% of total sales

Company appointed Niklas Agevik as CEO and signed strategic agreement with SEG

Outlook

Company did not provide specific future guidance

Result Drivers

CURRENCY-ADJUSTED SALES - Net sales increased by 6% when adjusted for currency effects, indicating underlying growth despite flat nominal sales

RECURRING REVENUE GROWTH - Recurring revenue rose by 9% when adjusted for currency effects, making up 82% of total sales

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 SalesSEK 43.50 mln
Q4 Adjusted Free Cash Flow-SEK 14.90 mln
Q4 ARRSEK 141.10 mln
Q4 EBITDA-SEK 9.90 mln
Press Release: ID:nMFNc4dGmn 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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