Sweden's Storskogen Q3 sales rise 4%, EBITA up 6%
Sweden's Storskogen Q3 sales rise 4%, EBITA up 6%
Overview
Sweden diversified business group's Q3 net sales grew 4% yr/yr, adjusted EBITA up 6%
Adjusted diluted EPS for Q3 rose slightly to SEK 0.19 from SEK 0.18
Company completed one platform and three add-on acquisitions during Q3
Outlook
Company did not provide specific financial guidance for the current qtr or full yr
Result Drivers
ORGANIC GROWTH - Co said positive organic growth in both sales and EBITA contributed to Q3 results
ACQUISITIONS - Co said acquisitions contributed to growth across all business areas in Q3
Company press release: ID:nWkr4kFn
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Sales |
| SEK 8.33 bln |
|
Q3 Adjusted EPS |
| SEK 0.19 |
|
Q3 Net Income |
| SEK 337 mln |
|
Q3 Adjusted EBITA |
| SEK 806 mln |
|
Q3 Adjusted EBITA Margin |
| 9.70% |
|
Q3 EBIT |
| SEK 620 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "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 Storskogen Group AB (publ) is SEK15.00, about 36.4% above its October 22 closing price of SEK11.00
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 8 three months ago
Reuters Recommended Reads
Oct 22 - Sweden's Atlas Copco Q3 revenue slightly beats estimates, orders up 29%
Oct 22 - Sweden's Sandvik Q3 revenue beats estimates on order growth
Oct 22 - Sweden's Mycronic Q3 sales beat estimates, lifts 2026 outlook
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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.)