Sweden's Indutrade Q4 sales and EBITA miss estimates

Indutrade AB

29/01/2026 06:39

Overview

Sweden industrial group's Q4 sales missed analyst expectations

Q4 EBITA decreased due to non-recurring items affecting UK projects

Company proposes dividend of SEK 3.10 per share

Outlook

Indutrade aims for annual growth of at least 10% over a business cycle

Company targets stable EBITA margin of at least 14%

Indutrade sees improved demand and stronger order book entering 2026

Result Drivers

ORDER INTAKE - Indutrade saw a 2% increase in order intake, with organic growth of 3%, driven by demand in energy, water/wastewater, and infrastructure sectors

EBITA DECLINE - EBITA decreased by 10% due to non-recurring items related to cost deviations in two UK projects, though margin improved excluding these items

ACQUISITION PACE - The company acquired 13 companies in 2025, enhancing growth prospects, with a focus on increasing acquisitions through internal networks

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Miss
SEK 8.23 bln
SEK 8.32 bln (7 Analysts)
Q4 EPS
SEK 1.72
Q4 Net Income
SEK 626 mln
Q4 EBITA
Miss
SEK 1.09 bln
SEK 1.22 bln (6 Analysts)
Q4 EBITA Margin
13.30%
Q4 Orders
SEK 8.20 bln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

Wall Street's median 12-month price target for Indutrade AB is SEK269.00, about 21.7% above its January 28 closing price of SEK221.00

The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 25 three months ago

Press Release: ID:nMFN8nnTkN

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.)