Sweden's Coor Q1 sales edge down, margin improves

Coor Service Management Holding AB

22/04/2026 06:37

Overview

Sweden facility management firm's Q1 net sales fell slightly yr/yr, organic growth was 0.4%

Adjusted EBITA for Q1 rose yr/yr, operating margin improved to 5.5%

Q1 earnings per share increased to SEK 0.7 from SEK 0.5

Outlook

Coor did not provide specific guidance for the current quarter or full year

Result Drivers

ORGANIC GROWTH - Co said organic growth was 0.4% in Q1, with no contribution from acquisitions

CURRENCY EFFECTS - Negative foreign exchange effects reduced reported sales by 1.7% in Q1

Company press release: ID:nWkr7LcYPK

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Slight Miss*
SEK 3.01 bln
SEK 3.04 bln (2 Analysts)
Q1 EPS
SEK 0.70
Q1 Net Income
SEK 69 mln
Q1 Adjusted EBITA
Beat
SEK 167 mln
SEK 152 mln (2 Analysts)
Q1 EBIT
SEK 134 mln
Q1 Organic Growth
0.40%


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

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

The average consensus recommendation for the business support services peer group is "buy."

Wall Street's median 12-month price target for Coor Service Management Holding AB is SEK54.00, about 3.1% below its April 21 closing price of SEK55.75

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 12 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.)