Overview
Sweden aircraft humidity control supplier's Q1 net sales rose 22% yr/yr
Operating profit and net profit increased from prior year
Operating cash flow turned negative in the quarter
Outlook
Company did not provide specific guidance or outlook for the current or future periods
Result Drivers
CURRENCY EFFECTS - Co said currency-adjusted sales growth was 41%, indicating currency movements significantly impacted reported sales growth
Company press release: ID:nMFN6p0zTG
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
SEK 66.10 mln
Q1 EPS
SEK 0.53
Q1 Net Income
SEK 6.70 mln
Q1 Operating Cash Flow
-SEK 9.10 mln
Q1 Operating Margin
15.00%
Q1 Operating Profit
SEK 9.70 mln
Analyst Coverage
The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 24 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.)