Report
Fredrik Ivarsson ...
  • Johan Brown

ITAB Shop Concept - Guidance given, positive signs for the future

Q2 report a beat overall: sales +3% vs. ABGSCe Increased gross margin despite y-o-y sales -25% ’20 guidance: adj. EBITDA of SEK 380-420m
Underlying
Itab Shop Concept AB Series B

ITAB Shop Concept AB is a Sweden-based company engaged in the development, manufacture, marketing and installation of shop fitting concepts and products for chain stores in the food and non-food segments. The Company's product portfolio comprises equipment for the checkout aisle, self-checkout solutions, flexible entrance and exit systems, as well as lighting systems. In addition, It offers custom-made shop concepts and light planning and service. The Company operates worldwide, including the United Kingdom, Poland, Germany, Hungary, Lithuania, Latvia, Russia, and the Nordic countries, among others. Furthermore, It is a parent of a number of entities, such as AB ITAB Novena, ITAB Germany Gmbh, ITAB Konsult AB, ITAB Pharmacy AB, Nordic Light Group AB, ITAB Pan-Oston Oy, ITAB Shop Concept AS, New Store Europe Denmark AS and JPD.

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
Fredrik Ivarsson

Johan Brown

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