Sweden's OEM International Q1 sales rise on order growth, acquisitions

OEM International AB

21/04/2026 13:10

Overview

Sweden technology trading firm's Q1 net sales grew 7% yr/yr, organic growth was 5%

EBITA for Q1 rose 16%, margin improved due to higher gross margin and lower costs

Company completed five acquisitions in Q1, contributing SEK 46 mln to net sales

Outlook

Company did not provide specific guidance or outlook for the current or future periods in its press release

Result Drivers

ORDER GROWTH - Incoming orders rose 10%, with Sweden and Rest of Europe as main contributors

ACQUISITIONS - Five acquisitions completed in Q1 contributed SEK 46 mln to net sales

MARGIN IMPROVEMENT - EBITA margin rose to 16.2% from 14.9%, helped by higher gross margin and lower cost

Company press release: ID:nMFNc2m6VM

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
SEK 1.47 bln
SEK 1.45 bln (2 Analysts)
Q1 EPS
SEK 1.34
Q1 EBITA
SEK 238 mln
Q1 Orders
SEK 1.54 bln


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 diversified industrial goods wholesale peer group is "buy."

Wall Street's median 12-month price target for OEM International AB is SEK155.00, about 9.6% above its April 20 closing price of SEK141.40

The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 30 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.)