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CTT — CTT Systems AB News Story

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IndustrialsAdventurousSmall CapFalling Star

Sweden's CTT Systems Q4 sales fall 31% yr/yr

Overview

Sweden-based humidity control supplier's Q4 net sales fell 31% yr/yr

Q4 operating profit declined significantly, with operating margin at 12%

Earnings per share for Q4 dropped to SEK 0.45 from SEK 1.93

Outlook

Company did not provide specific guidance for future quarters or the upcoming year

Result Drivers

CURRENCY IMPACT - Net sales decreased by 31%, with a currency-adjusted decrease of 22%, indicating currency fluctuations affected results

OPERATING MARGIN DECLINE - Operating margin fell sharply to 12% from 41%, reflecting reduced profitability

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 SalesSEK 56.80 mln
Q4 EPSSEK 0.45
Q4 Net IncomeSEK 5.60 mln
Q4 Operating Cash Flow-SEK 5 mln
Q4 Operating Margin12.00%
Q4 Operating ProfitSEK 7 mln
Analyst Coverage The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 25 three months ago Press Release: ID:nMFN6QWHxL 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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