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ELAN B Elanders AB News Story

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IndustrialsAdventurousSmall CapNeutral

Sweden's Elanders Q4 sales drop more than expected, margins lift profit

Overview

Sweden logistics firm's Q4 net sales decreased, missing analyst expectations

Adjusted EBITA for Q4 increased, reflecting a higher margin

Adjusted result after tax for Q4 increased

Outlook

Company expects annual cost savings of around MSEK 232 from structural measures

Result Drivers

STRUCTURAL MEASURES - Co implemented structural measures to address a weaker market, aiming to improve margins and achieve annual cost savings of MSEK 232

NET SALES DECLINE - Co reported a decrease in net sales for Q4 and full year, citing weaker market conditions

ADJUSTED EBITA MARGIN - Co increased its adjusted EBITA margin in Q4 to 8.7% from 6.6% in the previous year

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 SalesMissSEK 3.05 blnSEK 3.23 bln (2 Analysts)
Q4 Adjusted EPSSEK 1.77
Q4 Adjusted Net IncomeSEK 65 mln
Q4 Adjusted EBITASEK 267 mln
Q4 Adjusted EBITA Margin8.70%
Analyst Coverage Wall Street's median 12-month price target for Elanders AB is SEK110.00, about 61.8% above its January 27 closing price of SEK68.00 The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago Press Release: ID:nMFN1fsD30 For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@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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