Sweden's SinterCast Q1 revenue falls 8% on currency impact

SinterCast AB

29/04/2026 07:11

Overview

Sweden process control tech firm's Q1 revenue fell 8% yr/yr, hurt by currency effects

Q1 operating result and EPS both declined from prior year

Company sees improving market outlook, citing strong March production and new orders

Outlook

SinterCast expects market recovery and growth during 2026, driven by improving production volumes

Company targets installation revenue to reach SEK 8 mln in 2026, with higher outlook from 2027-2030

SinterCast forecasts series production to reach eight mln Engine Equivalents in 2031, with revenue well above SEK 200 mln

Result Drivers

CURRENCY IMPACT - Revenue decline was mainly due to an 11% negative effect from exchange rates, offsetting underlying growth

HEDGE REVALUATION - Operating result fell due to a SEK 2.6 mln yr/yr reduction in revaluation effects from hedge contracts and foreign currency receivables

MARCH PRODUCTION - Strong March output, with 3.5 mln Engine Equivalents produced, supported improved market outlook

Company press release: ID:nMFN2SBHYJ

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
SEK 25 mln
Q1 EPS
SEK 0.73
Q1 EBIT
SEK 6.30 mln


Analyst Coverage

Wall Street's median 12-month price target for SinterCast AB is SEK95.00, about 0.8% above its April 28 closing price of SEK94.20

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 23 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.)