Sweden's Cint Q1 sales miss estimates on weaker USD

Cint AB (publ)

27/04/2026 07:01

Overview

Sweden research tech firm's Q1 sales declined 5% yr/yr, missing analyst expectations

Adjusted EPS for Q1 was flat yr/yr at EUR 0.01

Board unanimously recommends shareholders accept public cash offer for all shares

Outlook

Cint reaffirms medium-term targets: organic growth above 10%, EBITA margin of 25%, net debt/EBITDA below 2.5x

Company says focus turns to innovation and delivering product roadmap

Cint expects further gains in accounts receivable collections throughout the year

Result Drivers

CURRENCY IMPACT - Reported sales declined 5.3% due to weaker USD, though sales grew 2.6% in constant currency, per CEO

SEGMENT PERFORMANCE - Media Measurement sales grew 22.8% in constant currency, while Cint Exchange sales improved sequentially after earlier migration issues

COST CONTROL - EBITA margin rose to 13.4% from 10.3% due to lower operating expenses

Company press release: ID:nMFNlwJ6P

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Miss
EUR 34 mln
EUR 34.37 mln (3 Analysts)
Q1 Gross Margin
86.40%
Q1 Gross Profit
EUR 29.40 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Cint Group AB (publ) is SEK4.00, about 5% below its April 24 closing price of SEK4.21

The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 3 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.)