Report

JLT Mobile Computers - Below our forecasts, but improvements q-o-q

Order book build-up hurt sales in Q4 Positive sales momentum, despite a miss vs. our forecast ’21e EV/EBIT of 10x, 13% EBIT CAGR in ’21e-’23e
Underlying
Jlt Mobile Computers AB

JLT Mobile Computers is engaged in the development, manufacture and marketing of computers. Co. develops its products for vehicles, as well as for mobile handheld tablet computers. Co. also manufacutres rugged computers that are aimed for customers seeking durability, reliability and performance due to exposure to temperature fluctuations, moisture, dust, vibrations, glaring sunlight, irregular power supplies and so forth. Customers with such demanding needs are found in fields like warehousing and transportation, mining and contracting, forestry and agriculture, as well as ports and maritime applications.

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
Simon Granath

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