Sweden's Nederman Q4 orders rise 7.3% currency neutral

Nederman Holding AB

12/02/2026 07:12

Overview

Swedish environmental tech firm's Q4 orders grew 7.3% currency neutral, net sales up 1.3%

Adjusted EBITA margin for Q4 was 10.6%, down from 11.4% last year

Net profit for Q4 decreased to SEK 66.1 mln from SEK 87.4 mln

Outlook

Nederman sees long-term prospects favorable despite short-term macro-economic uncertainty

Company focuses on structurally growing segments to reduce cyclicality

Nederman strengthens market share through operational efficiency and product development

Result Drivers

ORDER GROWTH - Co reported a 7.3% currency-neutral increase in orders received, driven by strategic investments and exposure to growing segments

CURRENCY IMPACT - Weaker foreign currencies, primarily the USD, negatively affected EBITA by SEK 22m in Q4

INVESTMENTS IN EFFICIENCY - Co's investments in production efficiency have strengthened gross margins, supporting future profitability

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
SEK 1.50 bln
Q4 EPS
SEK 1.86
Q4 Net Income
SEK 66.10 mln
Q4 Adjusted EBITA
SEK 159 mln
Q4 Adjusted EBITA Margin
10.60%
Q4 Orders
SEK 1.38 bln


Analyst Coverage

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

The average consensus recommendation for the environmental services & equipment peer group is "buy."

Wall Street's median 12-month price target for Nederman Holding AB is SEK175.00, about 22.7% above its February 11 closing price of SEK142.60

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nWkr2v59b3

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(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.)