Sweden's Bulten Q1 sales fall 12.4%, EBIT margin rises

Bulten AB

23/04/2026 12:39

Overview

Sweden fastener maker's Q1 net sales fell 12.4% yr/ysr

Company's EBIT margin rose to 6.1% from 3.1% despite lower sales

Profitability and margins improved due to operational performance, despite sales decline

Outlook

Company did not provide specific guidance or outlook for the current or future periods

Result Drivers

IMPROVED PROFITABILITY - Co said operating profit and margin improved despite lower sales, citing operational performance, per CEO Axel Berntsson

Company press release: ID:nMFN8f4D8r

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Miss
SEK 1.25 bln
SEK 1.36 bln (1 Analyst)
Q1 EPS
SEK 1.41
Q1 Net Income
SEK 37 mln
Q1 EBIT
Beat
SEK 77 mln
SEK 54 mln (1 Analyst)
Q1 EBIT Margin
6.10%


Analyst Coverage

The one available analyst rating on the shares is "strong buy"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy."

Wall Street's median 12-month price target for Bulten AB is SEK54.00, about 16% above its April 22 closing price of SEK46.55

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 7 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.)