Sweden's New Wave Q4 sales rise 11.2% yr/yr

New Wave AB

05/02/2026 06:10

Overview

Sweden-based textile and promotional goods firm's Q4 net sales grew 11.2% yr/yr

Operating profit for Q4 declined to SEK 435 mln from SEK 463 mln

Company proposes reduced dividend of SEK 3.00 per share

Outlook

New Wave plans to broaden Craft's footwear offerings by end of 2026 or early 2027

Company to open new facilities in Ireland and US in 2026 to strengthen delivery

New Wave sees substantial growth opportunities ahead, focusing on expanding brands

Result Drivers

CURRENCY EFFECTS - CEO noted significant currency effects impacted reported figures, particularly from U.S. operations when translated into SEK

ACQUISITIONS - Acquisitions contributed 11.7% to Q4 growth, with Cotton Classics operating at a lower gross margin

GROSS PROFIT STABILITY - Gross profit remained stable at 48.5% despite lower margin acquisitions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
SEK 3.15 bln
Q4 EPS
SEK 2.31
Q4 Adjusted Free Cash Flow
SEK 534 mln
Q4 EBIT
SEK 435 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the apparel & accessories peer group is "buy"

Wall Street's median 12-month price target for New Wave Group AB is SEK123.50, about 12.2% above its February 4 closing price of SEK110.10

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

Press Release: ID:nMFN1WYHVJ

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.)