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% |
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(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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