Corrected: BRIEF-Enea Q2 Net Sales Decrease To SEK 218.0 Million (July 15)
CORRECTED-BRIEF-Enea Q2 Net Sales Decrease To SEK 218.0 Million (July 15) Removes phrase 'currency-adjusted' from short-term outlook comment in the 7th bullet point. The company corrected its own statement.
July 15 (Reuters) - Enea AB ENEA.ST:
Q2 ADJUSTED EBITDA SEK 55.3 MILLION
Q2 EPS SEK 0.66
Q2 NET INCOME SEK 12.5 MILLION
Q2 NET SALES DECREASED BY 2.6 PERCENT TO SEK 218.0 MILLION (223.8)
POSITIVE IMPACT OF OUR STRATEGIC INVESTMENTS WILL CONTINUE TO ACCELERATE OVER TIME AND ARE EXPECTED TO BE FULLY REFLECTED BY END OF 2027
INVESTMENTS IN EXPANDING SALES CAPACITY ARE EXPECTED TO TRANSLATE INTO ACCELERATED GROWTH OVER TIME
SHORT-TERM GUIDANCE OF SINGLE DIGIT GROWTH WITH ADJUSTED EBITDA OVER 30% IN 2026 STANDS FIRM
BECAUSE OF GEOPOLITICAL CHALLENGES, PRIMARILY IN MIDDLE EAST, SOME DEALS EXPECTED TO CLOSE HAVE BEEN DELAYED
DELAYED DEALS TO HAVE ESTIMATED SHORT-TERM NEGATIVE NET SALES IMPACT OF SEK 7-10 MILLION
LONG-TERM STRATEGIC POSITION OF DELIVERING AN AVERAGE ANNUAL GROWTH ABOVE 10 PERCENT (2026-2028) STANDS FIRM
SECURITY INVESTMENT CONTINUES TO RISE IN A MORE VOLATILE GEOPOLITICAL WORLD, CREATING ADDITIONAL OPPORTUNITIES FOR ENEA
Source text: ID:nMFN49qvtN
Further company coverage: ENEA.ST
(Gdansk Newsroom)
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