Sdiptech Q3 net sales rise on UK acquisitions, security demand
Sdiptech Q3 net sales rise on UK acquisitions, security demand
Overview
Sweden technology group's Q3 net sales rose 4% yr/yr, with 13% organic growth excl. currency
Adjusted EBITA grew 8% and margin improved to 20.0% from 19.3%
Company completed two UK acquisitions and repurchased SEK 550 mln in bonds
Outlook
Company sees sustained demand in all business areas going forward
Sdiptech says 2026 margins provide a representative picture of sustainable profitability levels
Company aims to focus on profitable growth, higher returns on capital and long-term value
Result Drivers
ORGANIC GROWTH - Co said all business areas saw positive organic growth in net sales and adjusted EBITA
ACQUISITIONS - Co said two UK acquisitions expanded offerings in Supply Chain & Transportation
SECTOR DEMAND - Co said Security & Safety profit growth was driven by increased security needs and regulatory requirements, Energy & Electrification saw demand from electrification and energy efficiency, and Water & Bioeconomy benefited from investments
Company press release: ID:nMFN1y5ZBp
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue |
| SEK 1.31 bln |
|
Q3 EPS |
| SEK 2.96 |
|
Q3 Net Income |
| SEK 113 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the consumer goods conglomerates peer group is "buy"
Wall Street's median 12-month price target for Sdiptech AB (publ) is SEK290.00, about 14.9% above its October 22 closing price of SEK252.40
Reuters Recommended Reads
Oct 23 - Sweden's Storskogen Q3 sales rise 4%, EBITA up 6%
Oct 23 - Idun Industrial Q3 net sales rise on acquisitions
Oct 23 - Sweden's Karnell Group Q3 EBITA jumps 73% on strong sales
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.)