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VIMIAN — Vimian AB News Story

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Sweden's Vimian Q2 revenue, adjusted EBITA beat expectations

Sweden's Vimian Q2 revenue, adjusted EBITA beat expectations


Overview

  • Sweden animal health firm's Q2 revenue rose 17%, beating analyst expectations

  • Adjusted EBITA for Q2 rose 17% and beat analyst expectations

  • Adjusted EBITA margin improved, mainly due to MedTech segment profitability


Outlook

  • Company did not provide specific guidance or outlook for the current or future periods in the press release


Result Drivers

  • MEDTECH PROFITABILITY - Adjusted EBITA margin improvement mainly driven by higher profitability in MedTech segment

  • SEGMENT PERFORMANCE - Strong performance across all four segments contributed to adjusted EBITA growth Company press release: ID:nMFN5XcF8X


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

Beat

EUR 121.60 mln

EUR 118.03 mln (5 Analysts)

Q2 Net Income

EUR 8.80 mln

Q2 Adjusted EBITA

Beat

EUR 29.70 mln

EUR 29.05 mln (4 Analysts)

Q2 Adjusted EBITA Margin

24.50%

Q2 Operating Profit

EUR 22.30 mln


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"

  • The average consensus recommendation for the pharmaceuticals peer group is "buy"

  • Wall Street's median 12-month price target for Vimian Group AB is SEK37.00, about 13.7% above its July 16 closing price of SEK32.55

  • The stock recently traded at 24 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.)

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