Sales +29%, adj. EBITA +20%, +29% org. growth '25e-'27e EBITA estimates to increase by 1-3% Share to react positive on improvements in Land & Construction
ANNONS
Q1 details
Solid development with both higher sales and adj. earnings vs. ABGSCe. Sales came in at SEK 411m (25% vs. ABGSCe), +29% y-o-y of which +29% organic (ABGSCe +3%, +4% Q4'24), driven by improvements in Land & Construction. Adj. EBITA grew 20% y-o-y to SEK -35m (+15% vs. ABGSCe), for a margin of -8.5% (ABGSCe -12.5%, -13.6% Q1'24) driven by continued improvements in L&C, a one-off from the divestment of Mikaels Grävjänst (SEK -5.6m), partly offset by Paving Services, which had negative revaluations from ongoing projects in Duo Asfalt.
