Overview
Swedish industrial group's Q4 revenue was flat yr/yr, missing analyst expectations
EBITA for Q4 rose 3% to SEK 140 mln, driven by Salix Group
Company plans separate listing for Salix Group
Outlook
Volati to investigate separate listing of Salix Group
Salix Group adopts updated financial targets
Result Drivers
SALIX GROUP - Contributed significantly to EBITA growth, with a 50% increase for the year, half of which was organic
ETTIKETTO GROUP - Achieved strong growth with a nearly 30% increase in net sales for the year
FLAT Q4 REVENUE - Q4 revenue was flat year-over-year, missing analyst expectations
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
SEK 2.02 bln
SEK 2.17 bln (2 Analysts)
Q4 EPS
SEK 0.36
Q4 Net Income
SEK 48 mln
Q4 EBITA
SEK 140 mln
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "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 Volati AB is SEK136.00, about 47.2% above its February 11 closing price of SEK92.40
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 19 three months ago
Press Release: ID:nMFN5jsr0s
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.)
