Report
ABGSC Capital Goods Research ...
  • Adrian Gilani
  • Henric Hintze

EEs announced, est. sales +11%, 38% margin

Q2e: 4.0m EEs, 58k SCs pre-announced, expect SEK 13m EBIT. Cut sales by ~4%, EBIT by ~6% on lower EE volume vs. our estimate. End-of-life programme in H2, estimate -10% impact, H2 EEs -2.5%.
Underlying
Sintercast AB

SinterCast provides process control technology solutions that enable the foundry industry to control the production of compacted graphite iron (CGI) worldwide. Co. offers control solutions and know-how for the high-volume production of Compacted Graphite Iron (CGI), primarily for passenger vehicle, commercial vehicle and industrial power applications.Co.'s business comprises System 3000 Hardware Platform, Process Control Software, Sampling Consumables, Production Fee and Technical Support. Co.'s product portfolio includes V-diesel engines, commercial vehicles and petrol engines, among others.

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

Adrian Gilani

Henric Hintze

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