Report
ABGSC Capital Goods Research ...
  • Henric Hintze

Expect stable demand and improving margins

Q1e: orders -2%, sales +1% y-o-y, adj. EBITA margin 7.0% (6.2%). Expect stable demand and improving margins in '24e. Hope to see M&A drive growth as organic sales normalise.
Underlying
Christian Berner Trade Tech AB

Christian Berner Tech Trade AB is a Sweden-based technical sales company. It operates as a supplier of technical equipment, components and materials. The Company is active in two business areas: Material Technology, comprising sales of various kinds of materials and vibration and noise dampers, further divided in product areas such as technical plastics, vibration technology and alloying; and Process and Environment, providing handling and processing equipment as well as complete systems in product areas such as powders, liquids, packaging, paper, gas and energy, high pressure, filters, and pumps and instruments. The Company also provides a range of services: technical advice, customized solutions, support, training and after-sales services, as well as technologically advanced products. It targets such sectors as food, medicine, pulp and paper, chemistry and technology, workshop, water supply, building and construction. The Company operates in Sweden, Norway, Denmark and Finland.

Provider
ABG Sundal Collier Sponsored
ABG Sundal Collier Sponsored

ABG Sundal Collier is the independent, Nordic investment banking powerhouse, developed over 30 years, founded on a hard working partnership culture and the ability to attract top talent.

Our strategy is to be an advisor and an intermediary, and the core product offering comprise corporate advisory services, corporate financing services and investor research and brokerage services.

Our corporate advisory team offers access to a broad financial and industrial network and unparalleled transaction experience. We provide financing to corporates through our superior Nordic and international distribution platform, and we are optimally structured for naturally matching trading flows, delivering best execution for clients.

The group employ approx. 250 staff working from the Nordic offices in Norway, Sweden and Denmark and in the offices in the key international markets US, UK and Germany. 


Analysts
ABGSC Capital Goods Research

Henric Hintze

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