Sweden's Ependion Q2 sales rise on energy segment demand
Sweden's Ependion Q2 sales rise on energy segment demand
Overview
Sweden technology group's Q2 net sales rose 22% yr/yr, organic growth 10%
Order intake for Q2 up 24%, or 15% adjusted for currency and acquisitions
Profitability improved as EBITA margin rose to 12.4% from 11.6%
Outlook
Ependion says geopolitical uncertainty may impact business in the short term
Company expects continued profitable growth in 2026, citing strong order intake and investments
Ependion sees ongoing demand in energy and defense segments supporting growth
Result Drivers
ENERGY SEGMENT DEMAND - Co said strong demand in energy, including electrification, data centers, and infrastructure, drove order intake and sales growth
STRATEGIC INVESTMENTS & ACQUISITIONS - Co attributed growth to investments in new technology, complementary acquisitions, and new market establishments
COST CONTROL - Improved profitability was supported by continued good cost control
Company press release: ID:nMFN3zrM4K
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Sales |
| SEK 682 mln |
|
Q2 EPS |
| SEK 1.41 |
|
Q2 Net Income |
| SEK 45.40 mln |
|
Q2 Orders |
| SEK 695 mln |
|
Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the integrated hardware & software peer group is "buy."
Wall Street's median 12-month price target for Ependion AB is SEK155.00, about 6.9% above its July 14 closing price of SEK145.00
The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 12 three months ago
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(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.)