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LATO B — Investment AB Latour News Story

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Sweden's Latour Q4 industrial sales rise 6% on higher order intake,  acquisitions

Overview

Sweden investment firm's Q4 industrial sales rose 6%, driven by strong order intake

Company's Q4 operating margin improved to 15%, reflecting enhanced operational efficiency

Board proposes increased dividend of SEK 5.10 per share, up 10.9%

Outlook

Latour expects positive net sales development due to a robust order backlog

Company proposes increased dividend of SEK 5.10 per share, up 10.9%

Latour sees strategic investments fortifying its position amid uncertain market conditions

Result Drivers

ORDER INTAKE - Industrial operations' order intake rose 7% in Q4, with 8% organic growth

ACQUISITIONS - Strategic acquisitions and investments, including Alstor and NOAQ AB, supported growth

OPERATIONAL EFFICIENCY - Operating margin improved to 15% in Q4, reflecting enhanced efficiency

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 Industrial SalesSEK 7.42 bln
Q4 Industrial EBIT Margin15.00%
Q4 Industrial OrdersSEK 7.42 bln
Analyst Coverage The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell" The average consensus recommendation for the investment holding companies peer group is "buy." Wall Street's median 12-month price target for Investment AB Latour is SEK245.00, about 7.1% above its February 10 closing price of SEK228.70 Press Release: ID:nWkrc9SJZb 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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