Sweden's Inwido Q1 sales up on acquisitions

Inwido AB (publ)

28/04/2026 06:54

Overview

Sweden window and door maker's Q1 net sales rose 4% yr/yr, organic growth fell 2%

Operating EBITA margin dropped to 4.3% from 5.5% amid lower volumes and unfavorable mix

Company acquired UK-based Sovereign Group after quarter, expanding geographic reach

Outlook

Company says market uncertainty has increased due to unrest in the Middle East

Inwido reports gradual improvements across all business units toward the end of the quarter

Company says long-term ambition remains unchanged and is executing on its strategic plan

Result Drivers

LOWER VOLUMES AND MIX - Profitability weakened due to lower sales volumes and an unfavorable product mix, per CEO Fredrik Meuller

COST SAVINGS - Company intensified cost-cutting measures, including staff reductions and shorter working hours, to address reduced capacity utilization and profitability

ACQUISITIONS - Recent acquisitions, especially in Business Area West, contributed to sales and profitability growth, though they temporarily increased indebtedness

Company press release: ID:nMFNs6fM2

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
SEK 2.08 bln
Q1 EBITA
SEK 90 mln
Q1 EBITA Margin
4.30%
Q1 Organic Growth
-2.00%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction supplies & fixtures peer group is "buy"

Wall Street's median 12-month price target for Inwido AB (publ) is SEK210.00, about 37.6% above its April 27 closing price of SEK152.60

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 15 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.)