Picture of Nilorngruppen AB logo

NIL B Nilorngruppen AB News Story

0.000.00%
se flag iconLast trade - 00:00
Consumer CyclicalsSpeculativeSmall CapNeutral

Sweden's Nilorn Q1 sales down 16% on currency, order timing

Overview

Sweden branding solutions firm's Q1 order intake fell 18%, net sales down 16% yr/yr

Q1 Net sales fell 16%; adjusted for currency and order timing, revenue was unchanged yr/yr

Operating profit and net profit declined; dividend proposal unchanged

Outlook

Nilorn did not provide specific guidance or forecasts for the current or upcoming periods

Result Drivers

CURRENCY EFFECTS - Co said revenue was significantly affected by currency fluctuations

ORDER TIMING - Revenue was impacted by a large order being delivered in Q2 this year, compared to Q1 last year

NON-RECURRING COSTS - Strategic projects and personnel restructuring led to non-recurring costs in the quarter

Company press release: ID:nGNEbYfx9h

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 RevenueSEK 218 mln
Q1 EPSSEK 1.07
Q1 Net IncomeSEK 12.20 mln
Q1 Operating ProfitSEK 15.40 mln
Q1 OrdersSEK 218 mln
Analyst Coverage The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 13 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.)

Recent news on Nilorngruppen AB

See all news