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EMBELL Embellence AB (publ) News Story

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Consumer CyclicalsAdventurousSmall CapContrarian

Sweden's Embellence Q4 sales fall 3% on currency impact

Overview

Sweden interior decoration firm's Q4 net sales fell 3% due to currency effects

Company's Q4 net profit rose to MSEK 17, driven by strategic initiatives

Board proposes increased dividend of SEK 1.50 per share

Outlook

Company sees strategic initiatives driving future growth

Company notes strong Swedish krona negatively impacts sales

Board proposes increased dividend due to solid financial position

Result Drivers

CURRENCY IMPACT - Strong Swedish krona negatively affected sales and earnings

STRATEGIC INITIATIVES - Progress in direct-to-consumer sales, international expansion, and hospitality contributed to results

GROSS MARGIN IMPROVEMENT - Gross margin increased to 61.8% from 60.7%

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 SalesMissSEK 195 mlnSEK 197.60 mln (2 Analysts)
Q4 Adjusted EPSSEK 0.72
Q4 Net IncomeSEK 17 mln
Q4 EBITASEK 26 mln
Q4 Operating Cash FlowSEK 42 mln
Analyst Coverage The one available analyst rating on the shares is "buy" The average consensus recommendation for the home furnishings peer group is "buy" Wall Street's median 12-month price target for Embellence Group AB (publ) is SEK45.00, about 26.4% above its February 16 closing price of SEK35.60 The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago Press Release: ID:nMFNcb939r 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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