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HUMBLE Humble AB News Story

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IndustrialsAdventurousSmall CapNeutral

Sweden's Humble Q4 sales grow 6% organically on launches, increased listings

Overview

Sweden FMCG firm's Q4 net sales grew 6% organically to MSEK 2,118

Adjusted EBITA for Q4 slightly declined to MSEK 139 from MSEK 142

Company undergoing transformation to improve efficiency and cash flow

Outlook

Humble aims to achieve cost-saving targets through its efficiency program

Company expects Swedish krona to impact financials in the short term

Humble is conducting strategic reviews for divestments, acquisitions, and partnerships

Result Drivers

FUTURE SNACKING GROWTH - Future Snacking segment saw 21% organic growth, driven by new launches and increased listings

CURRENCY IMPACT - Stronger Swedish krona negatively impacted revenue and profitability by MSEK -33

CASH FLOW IMPROVEMENT - Operating cash flow rose to MSEK 206 from MSEK 132, aided by inventory optimization

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 SalesSEK 2.12 bln
Q4 Adjusted EBITASEK 139 mln
Q4 EBITASEK 123 mln
Analyst Coverage The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell" The average consensus recommendation for the consumer goods conglomerates peer group is "buy." Wall Street's median 12-month price target for Humble Group AB is SEK9.00, about 18.4% above its February 12 closing price of SEK7.60 The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago Press Release: ID:nMFN5WZ1ZP 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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