Overview
Sweden tech group's fiscal Q4 revenue rose 13%, meeting analyst expectations
Fiscal Q4 EBITA grew 20%, beating analyst estimates
Company raised annual dividend by 14% and completed eight acquisitions during the year
Outlook
Company did not provide specific guidance or outlook for the current quarter or full year
Result Drivers
ACQUISITIONS - Eight acquisitions during the year contributed to revenue growth
ORGANIC GROWTH - Organic growth accounted for 6% of Q4 revenue increase
Company press release: ID:nMFN69TCVT
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Meet
SEK 2.83 bln
SEK 2.83 bln (6 Analysts)
Q4 Net Income
SEK 364 mln
Q4 EBITA
Beat
SEK 536 mln
SEK 515.75 mln (4 Analysts)
Q4 Adjusted Free Cash Flow
SEK 410 mln
Q4 EBITA Margin
19.00%
Q4 Pretax Profit
SEK 438 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the consumer goods conglomerates peer group is "buy"
Wall Street's median 12-month price target for Lagercrantz Group AB is SEK272.50, about 14.2% above its May 18 closing price of SEK238.60
The stock recently traded at 37 times the next 12-month earnings vs. a P/E of 31 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.)