Sweden's ITAB Q4 sales surge, profit hit by one-time costs

Itab AB

10/02/2026 06:09

Corrects Key Details table to say SEK 0.51 was FY EPS, not Q4 EPS

Overview

Sweden retail solutions provider's Q4 net sales rose 93%, missing analyst expectations

Adjusted EPS for Q4 missed analyst expectations

Operating profit for Q4 missed analyst expectations

Outlook

Company did not provide specific guidance for future quarters or years

Result Drivers

HMY ACQUISITION - The acquisition of HMY contributed 95% to the sales growth, significantly impacting overall net sales

NON-RECURRING ITEMS - Operating profit was affected by non-recurring items, reducing the operating margin to 3.3%

STRONG CASH FLOW - Cash flow from operating activities increased by 154% to MSEK 821, indicating strong operational performance

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Miss
SEK 3.42 bln
SEK 3.56 bln (3 Analysts)
Q4 Adjusted EPS
Miss
-SEK 0.05
SEK 0.39 (3 Analysts)
FY EPS
SEK 0.51
Q4 Net Income
-SEK 3 mln
Q4 Operating Profit
Miss
SEK 114 mln
SEK 205 mln (3 Analysts)
Q4 Operating Cash Flow
SEK 821 mln
Q4 Operating Margin
3.30%


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the business support supplies peer group is "buy."

Wall Street's median 12-month price target for ITAB Shop Concept AB is SEK29.50, about 61.6% above its February 9 closing price of SEK18.26

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nWkr6H2g27

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.)