Overview
The Swedish manufacturing and supply chain firm's first-quarter sales doubled yr/yr, with 20% organic growth
Adjusted EPS for Q1 nearly doubled yr/yr
Cash flow from operating activities rose sharply to SEK 424 mln
Outlook
Company expects increased order intake to contribute to growth during 2026
HANZA aims to gradually improve BMK profitability through structured efforts
Company launches HANZA 2028 strategic phase to broaden manufacturing technologies and drive growth
Result Drivers
ORGANIC GROWTH - Co said 20% organic growth, excluding currency and acquisitions, contributed to higher Q1 sales
ACQUISITION IMPACT - Integration of German BMK contributed to increased order intake, expected to drive growth, per CEO Erik Stenfors
OPERATING MARGIN IMPROVEMENT - Operating margin for comparable units rose to 9.7% from 7.3%, attributed to structured, long-term efforts, per CEO
Company press release: ID:nMFNbvn7JL
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
SEK 2.65 bln
Q1 EPS
SEK 2.08
Q1 Cash Flow From Operating Activities
SEK 424 mln
Q1 EBIT Margin
8.30%
Q1 Operating Profit
SEK 220 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electronic equipment & parts peer group is "buy"
Wall Street's median 12-month price target for Hanza AB is SEK114.50, about 14.9% below its May 4 closing price of SEK134.60
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 17 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.)