Norway's Omda Q2 revenue rises, reiterates forecast
Norway's Omda Q2 revenue rises, reiterates forecast
Overview
Norway healthcare software provider's Q2 revenue rose 5% yr/yr to NOK 127 mln
EBITDA margin improved to 25% from 19% a year earlier
During the quarter, company announced acquisition of Saab Public Safety Solutions, expanding UK emergency-services business
Outlook
Omda reiterates 2026 revenue guidance of NOK 500-525 mln, excluding acquisitions
Company expects 2026 EBITDA margin between 28-32%
Acquisition of Saab Public Safety Solutions expected to close in Q4 2026
Result Drivers
ORGANIC GROWTH - Co said 9% organic growth in local currencies supported Q2 performance
PUBLIC-SECTOR CONTRACTS - Co said long-standing relationships with specialised healthcare and emergency services customers provide earnings visibility
ACQUISITION AGREEMENTS - Co said acquisition of Saab Public Safety Solutions and new customer agreements are expected to strengthen revenue base
Company press release: ID:nObiQNgjVa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Slight Miss* | NOK 127 mln | NOK 128 mln (1 Analyst) |
Q2 EBITDA |
| NOK 32 mln |
|
Q2 Organic Growth |
| 9.00% |
|
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The one available analyst rating on the shares is "strong buy"
The average consensus recommendation for the advanced medical equipment & technology peer group is "buy."
Wall Street's median 12-month price target for Omda AS is NOK50.00, about 35.1% above its August 26 closing price of NOK37.00
The stock recently traded at 120 times the next 12-month earnings vs. a P/E of 37 three months ago
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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.)