Overview
Sweden installation services firm's Q1 revenue rose 4.4%, beating analyst expectations
Q1 EBIT also beat analyst estimates
Adjusted EPS for Q1 rose to SEK 0.27 from SEK 0.16
Outlook
Company says signs of gradual market recovery are more evident than in 2025
Instalco notes uncertainty remains high and expects uneven development across regions and customer categories
Company will continue to prioritise selective acquisitions to strengthen its strategic position
Result Drivers
ORGANIC GROWTH - Co said positive organic growth and higher activity levels contributed to Q1 results
IMPROVED PROJECT EXECUTION - Co attributed better results to strengthened governance, project execution, and risk controls
FEWER PROBLEM PROJECTS - Co reported fewer significant project deviations and better control versus last year
Company press release: ID:nMFN75yQkj
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
SEK 3.44 bln
SEK 3.31 bln (4 Analysts)
Q1 Adjusted EPS
SEK 0.27
Q1 EBIT
Beat
SEK 170 mln
SEK 158 mln (4 Analysts)
Q1 Adjusted Free Cash Flow
SEK 234 mln
Q1 EBITA
SEK 201 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the construction & engineering peer group is "buy"
Wall Street's median 12-month price target for Instalco AB is SEK42.50, about 25.1% above its April 28 closing price of SEK33.98
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 11 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.)