Picture of Elanders AB logo

ELAN B Elanders AB News Story

0.000.00%
se flag iconLast trade - 00:00
IndustrialsAdventurousSmall CapNeutral

Sweden's Elanders swings to Q1 adjusted profit

Overview

Sweden logistics firm's Q1 net sales declined yr/yr, with organic growth of 1%

Adjusted EBITA for Q1 rose 29% yr/yr, margin improved to 6.2%

Adjusted EPS for Q1 turned positive, reaching SEK 0.64 per share

Outlook

Company did not provide specific guidance or outlook in the press release in its press release

Result Drivers

ORGANIC GROWTH - Co said organic growth was 1% yr/yr, or 2% excluding Air & Sea business

MARGIN IMPROVEMENT - Adjusted EBITA margin rose to 6.2% from 4.1% yr/yr

Company press release: ID:nMFN2mp8jr

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 SalesBeatSEK 2.77 blnSEK 2.73 bln (2 Analysts)
Q1 Adjusted EPSSEK 0.64
Q1 Adjusted Net IncomeSEK 23 mln
Q1 Adjusted EBITASEK 172 mln
Q1 Adjusted EBITA Margin6.20%
Analyst Coverage Wall Street's median 12-month price target for Elanders AB is SEK97.50, about 89% above its April 22 closing price of SEK51.60 The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 8 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.)

Recent news on Elanders AB

See all news