Sweden's Pricer Q2 sales, order intake rise
Sweden's Pricer Q2 sales, order intake rise
Overview
Sweden retail tech firm's Q2 net sales rose yr/yr, with order intake up 13%
Posts net profit for Q2 after a loss in the prior year
Gross and operating margins expanded, driven by favorable customer and product mix
Outlook
Company expects annual operating costs to decrease by SEK 17 mln from H2 2026
Pricer expects volumes from Carrefour stores to decline in H2 2026
Company sees growing order volumes and strong position entering H2 2026
Result Drivers
ORDER INTAKE GROWTH - Co said order intake rose 13% in Q2, driven by strategic markets including Canada, the US, Scandinavia, and the Pacific region
FAVORABLE MIX - Co attributed improved gross margin to a favorable customer and product mix
Company press release: ID:nWkr1z76FL
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Sales |
| SEK 486.40 mln |
|
Q2 Basic EPS |
| SEK 0.12 |
|
Q2 EBIT Margin |
| 5.20% |
|
Q2 Operating Profit |
| SEK 25.50 mln |
|
Q2 Orders |
| SEK 568.10 mln |
|
Analyst Coverage
Wall Street's median 12-month price target for Pricer AB is SEK5.20, about 50.7% above its July 15 closing price of SEK3.45
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 7 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.)