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SENASTE
Net sales and clean EBIT were below market consensus (LSEG) in Q1. Severe winter ice conditions and strikes in Finland were main reasons for a weak Q1. Reported EPS was weak due to EUR -8m one off items booked in Q1. Political strikes will affect to operations also in Q2 but full year 2024 guidance was repeated. Gearing has improved to 74% in Q1 compared to 118% at the end of December. The company will have more capacity in 2024 due to green coasters. Moreover, Aspo expanded its operations in Sweden by acquiring Swed Handling in April. Aspo could concentrate on these new ships and to the most recent acquisition at its CMD on 14 May.
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