View 
FILTERS (0)
* Not connected to ResearchPool

MORE FILTERS

   reports
ABGSC Retail Research ... (+3)
  • ABGSC Retail Research
  • Benjamin Wahlstedt
  • Fredrik Ivarsson
PREMIUM
BOOZT BOOZT AB

Ready for spring

Softer top line as campaign goods are scarce. We raise '25e-'26e adj. EBIT by 1-2%. Share trading at 15x '24e EV/EBIT, we reiterate BUY.

11h / 15m 11h / 15m 1 EN
ABGSC IT Research ... (+3)
  • ABGSC IT Research
  • Daniel Thorsson
  • Simon Granath
ANOD B ADDNODE GROUP AKTIEBOLAG (PUBL)
16h / 57m 16h / 57m 1 EN
ABGSC Consumer Goods Research ... (+3)
  • ABGSC Consumer Goods Research
  • Benjamin Wahlstedt
  • Fredrik Ivarsson
20h / 9m 20h / 9m 1 EN
ABGSC Consumer Goods Research ... (+3)
  • ABGSC Consumer Goods Research
  • Benjamin Wahlstedt
  • Fredrik Ivarsson
20h / 27m 20h / 27m 1 EN
ABGSC Retail Research ... (+3)
  • ABGSC Retail Research
  • Benjamin Wahlstedt
  • Fredrik Ivarsson
20h / 39m 20h / 39m 1 EN
ABGSC Retail Research ... (+3)
  • ABGSC Retail Research
  • Benjamin Wahlstedt
  • Fredrik Ivarsson
PREMIUM
AXFO AXFOOD AB

The outlook remains positive

All-time-high earnings in Hemköp saved the quarter. 9% EPS CAGR in '24e-'25e. Reiterate BUY and our TP of SEK 320.

21h / 45m 21h / 45m 1 EN
ABGSC Retail Research ... (+2)
  • ABGSC Retail Research
  • Fredrik Ivarsson
PREMIUM
KESKOB Kesko Oyj Class...

Brighter beyond Q2

Q1'24 EBIT 6% below our expectations, driven by BTT. Soft short-term outlook but brighter beyond Q2'24e. '24e-'26e down 4-3%, TP cut to EUR 17.5 (18.5), HOLD.

KESKOB KESKO OYJ CLASS B
21h / 51m 21h / 51m 1 EN
ABGSC IT Research ... (+3)
  • ABGSC IT Research
  • Daniel Thorsson
  • Simon Granath
PREMIUM
FNOX FORTNOX AKTIEBO...

Riding on price tailwinds from Q2e

Solid Q1, but with adj. EBIT 3% below due to net recruitments. Fine-tuned sales, but '24e-'26e EBIT down 4-3% on higher opex. Share to benefit from improved organic growth: up to BUY (Hold).

FNOX FORTNOX AKTIEBOLAG
21h / 51m 21h / 51m 1 EN
ABGSC Retail Research ... (+3)
  • ABGSC Retail Research
  • Benjamin Wahlstedt
  • Fredrik Ivarsson
PREMIUM
BHG BHG GROUP

Racing a tough market (and winning?)

Continued market softness, Q1 org. growth -14% y-o-y. Significant 260bp EBITA margin improvement y-o-y. We reiterate BUY, covenant relief until '26 gives leverage headroom.

21h / 57m 21h / 57m 1 EN
ABGSC Retail Research ... (+3)
  • ABGSC Retail Research
  • Benjamin Wahlstedt
  • Fredrik Ivarsson
PREMIUM
LYKO A LYKO GROUP

Early signs of margin improvements

Strong Nordics growth of 24% y-o-y. No automation capex in Q1, flat EBIT margins. We reiterate BUY and our TP of SEK 160.

22h / 21m 22h / 21m 1 EN
ABGSC Consumer Goods Research ... (+3)
  • ABGSC Consumer Goods Research
  • Daniel Thorsson
  • Simon Granath
PREMIUM
MIPS MIPS AB

We expect growth in Q2 but visibility is still low

Q1 likely marked the negative organic growth trough. But visibility remains low and valuation still elevated. EBIT +1-5% mainly on FX, we stick to HOLD, TP SEK 350 (330).

04/25/24 April 25, 2024 1 EN
ABGSC IT Research ... (+3)
  • ABGSC IT Research
  • Daniel Thorsson
  • Simon Granath
PREMIUM
ANOD B ADDNODE GROUP A...

Impressive recovery in DM to continue

Cost control in DM behind Q1 beat, adj. EBITA up 4%. We estimate 55% adj. EBITA growth in Q2e vs. 25% in Q1. M&A outlook positive, BUY on quality growth, TP SEK 135 (130).

ANOD B ADDNODE GROUP AKTIEBOLAG (PUBL)
04/25/24 April 25, 2024 1 EN
ABGSC IT Research ... (+3)
  • ABGSC IT Research
  • Daniel Thorsson
  • Simon Granath
04/25/24 April 25, 2024 1 EN
ABGSC Consumer Goods Research ... (+3)
  • ABGSC Consumer Goods Research
  • Daniel Thorsson
  • Simon Granath
04/25/24 April 25, 2024 1 EN
ABGSC IT Research ... (+4)
  • ABGSC IT Research
  • Alice Beer
  • Daniel Thorsson
  • Simon Granath
04/25/24 April 25, 2024 1 EN
ABGSC IT Research ... (+3)
  • ABGSC IT Research
  • Daniel Thorsson
  • Simon Granath
FNOX FORTNOX AKTIEBOLAG
04/25/24 April 25, 2024 1 EN
ABGSC IT Research ... (+3)
  • ABGSC IT Research
  • Daniel Thorsson
  • Simon Granath
FRACTL FRACTAL GAMING GROUP AB
04/25/24 April 25, 2024 1 EN
ABGSC IT Research ... (+3)
  • ABGSC IT Research
  • Daniel Thorsson
  • Simon Granath
ANOD B ADDNODE GROUP AKTIEBOLAG (PUBL)
04/25/24 April 25, 2024 1 EN
ABGSC Retail Research ... (+2)
  • ABGSC Retail Research
  • Fredrik Ivarsson
KESKOB KESKO OYJ CLASS B
04/25/24 April 25, 2024 1 EN
ABGSC Retail Research ... (+3)
  • ABGSC Retail Research
  • Benjamin Wahlstedt
  • Fredrik Ivarsson
04/25/24 April 25, 2024 1 EN
Loading...
New interest

Save your current filters as a new Interest

Please enter a name for this interest
Save

Email alerts

Would you like to receive real-time email alerts when a new report is published under this interest?

Save This Search

These search results will show up under 'Saved searches' in the left panel

Please enter a name for this saved search
Save

ResearchPool Subscriptions

Get the most out of your insights

Get in touch