Bildkälla: Stockfoto

SinterCast: Expect strong recovery after Q4 stoppage - ABG

Q1e sales SEK 33.2m, up 25% y-o-y, EBIT margin 33.8% (24.9%)
Expect income statement taxes from Q3'24, cash taxes from late '27e
Fair value SEK 100-140, based on DCF model and historical P/E


Q1e: strong y-o-y growth and recovery after Q4 stoppage

For Q1e, we have SEK 33.2m in sales, up 25% y-o-y (26% org., -1% FX), driven by 21% growth in EEs to 4.0m and 43% growth in sampling cups to 47k. This also implies a strong recovery from Q4 EEs of 3.7m, which were 0.3m lower due to a stoppage at a customer's production line. We expect this will result in EBIT of SEK 11.2m (6.6m), for a margin of 33.8% (24.9%). On EPS, we have SEK 1.59 (0.89), and on lease adj. FCF we have SEK 9.9m (6.0m).
Börsvärldens nyhetsbrev
ANNONSER