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STOR B — Storskogen AB (publ) News Story

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Sweden's Storskogen Q4 sales rise 2%

Overview

Swedish business group reported Q4 net sales up 2% to SEK 8,723 mln

Adjusted EBITA for Q4 decreased 4% to SEK 816 mln

Company completed acquisitions with annual sales of SEK 142 mln

Outlook

Storskogen did not provide specific financial guidance for future quarters or years

Result Drivers

OPERATIONAL EFFICIENCY - Co cited efforts to improve operational efficiency and strengthen financial position as key to resuming acquisition agenda

ACQUISITIONS - Co completed one platform and three add-on acquisitions, contributing to sales growth and market expansion

DIVESTMENTS - Co divested a business unit with annual sales of SEK 278 million, impacting overall sales figures

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 SalesSEK 8.72 bln
Q4 Adjusted EPSSEK 0.20
Q4 Net IncomeSEK 375 mln
Q4 Adjusted EBITASEK 816 mln
Q4 Adjusted EBITA Margin9.40%
Q4 EBITSEK 630 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "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 SEK16.50, about 48.2% above its February 9 closing price of SEK11.13 The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 9 three months ago Press Release: ID:nWkrny3xX 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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