Actic Q4 First take: improving profitability - SEB
Bildkälla: Stockfoto

Actic Q4 First take: improving profitability - SEB

Actic reported a stronger Q4 than we estimated for sales, ARPM and profitability. Sales came in 8% stronger than our estimates but profitability was clearly stronger. EBIT margin was 4.6% in the quarter (we estimated 0.8% EBIT margin). Cash flow looks good and ND/EBITDA (excl IFRS16) is 4.4x R12M (down from 5.8x in Q3). We would expect positive revisions on the back of the Q4 numbers.

Actic reported a stronger Q4 than we estimated for sales, ARPM and profitability. Sales came in 8% stronger than our estimates but profitability was clearly stronger. EBIT margin was 4.6% in the quarter (we estimated 0.8% EBIT margin). Cash flow looks good and ND/EBITDA (excl IFRS16) is 4.4x R12M (down from 5.8x in Q3). We would expect positive revisions on the back of the Q4 numbers.
Börsvärldens nyhetsbrev
ANNONSER