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HILB B Hilbert AB (publ) News Story

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Sweden's Hilbert Group Q1 revenue jumps over 7,900% yr/yr

Sweden's Hilbert Group Q1 revenue jumps over 7,900% yr/yr


Overview

  • Swedish quantitative investment firm's Q1 revenue surged by 7,917% yr/yr on Enigma acquisition

  • Adjusted EPS for Q1 was negative and net loss widened yr/yr

  • Company saw strong institutional AuM growth and operating momentum from recent acquisitions


Outlook

  • Hilbert Group says institutional pipeline has strengthened and additional investor allocations expected

  • Company expects operating momentum from acquisitions to drive scaling of asset management engine

  • Hilbert Group sees deepening institutional engagement following platform validation in challenging market


Result Drivers

  • ENIGMA ACQUISITION - Q1 revenue surge driven primarily by Enigma Nordic AB acquisition

  • INSTITUTIONAL AUM GROWTH - 2/20 fee‐tier hedge fund AuM grew more than 90% on the quarter, with additional allocations from existing investors


Company press release: ID:nMFN9FrDHw


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 Revenue

SEK 3.61 bln

Q1 Adjusted EPS

-SEK 0.38

Q1 Net Income

-SEK 43.06 mln

Q1 EBIT

-SEK 35.59 mln


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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