Overview
Sweden's indoor perimeter protection supplier's Q4 sales fell 8% yr/yr
Q4 EBITA missed analyst expectations, impacted by one-off costs
Company completed acquisitions to enhance growth in Asia and Europe
Outlook
Troax expects non-recurring costs of 2.2 MEUR in H1 2026 due to factory relocation
Company anticipates improved profitability in 2026 with new factory establishment
Troax sees cautiously optimistic demand development at the start of 2026
Result Drivers
WEAK DEMAND - Co reported weak demand in automotive sector, affecting order intake and sales across all regions
OPERATIONAL CHALLENGES - Operational issues in North America and low volumes pressured profitability
ONE-OFF COSTS - Co incurred 4.2 MEUR in one-off costs related to restructuring and relocations
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
EUR 0
Q4 Net Income
EUR 0
Q4 EBITA
Miss
EUR 6.60 mln
EUR 9.67 mln (3 Analysts)
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the industrial machinery & equipment peer group is "buy"
Wall Street's median 12-month price target for Troax Group AB (publ) is SEK189.50, about 29.4% above its February 4 closing price of SEK146.40
The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 24 three months ago
Press Release: ID:nWkr8kWn80
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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.)