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REJL B — Rejlers AB (publ) News Story

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Sweden's Rejlers Q2 net sales rise

Sweden's Rejlers Q2 net sales rise 


Overview

  • Sweden engineering consultancy's Q2 net sales rose 9.4% yr/yr to SEK 1,313.6 mln

  • Q2 EBITA margin declined to 6.3% from 6.8%, impacted by recruitment costs

  • Adjusted EPS for Q2 fell to SEK 1.21 from SEK 1.74


Outlook

  • Company did not provide specific guidance or forecasts for the current or future periods


Result Drivers

  • RECRUITMENT COSTS - EBITA was negatively impacted by SEK 6 mln due to extraordinary recruitment of about 125 employees in Division Buildings in Sweden

  • ACQUISITION EXPENSES - Operating profit was reduced by SEK 6.8 mln in acquisition expenses


Company press release: ID:nWkr8vNgmx


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

Beat

SEK 1.31 bln

SEK 1.28 bln (2 Analysts)

Q2 Adjusted EPS

SEK 1.21

Q2 Net Income

SEK 34.60 mln

Q2 EBIT

SEK 53.80 mln

Q2 EBITA

SEK 82.10 mln

Q2 EBITA Margin

6.30%


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.)

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