View 
FILTERS (0)
* Not connected to ResearchPool

MORE FILTERS

  
reports
ABGSC Services Research ... (+3)
  • ABGSC Services Research
  • Karl Bokvist
  • Simon Jönsson
ABGSC Capital Goods Research ... (+3)
  • ABGSC Capital Goods Research
  • Karl Bokvist
  • Simon Jönsson
ABGSC Services Research ... (+3)
  • ABGSC Services Research
  • Karl Bokvist
  • Simon Jönsson
ABGSC Services Research ... (+3)
  • ABGSC Services Research
  • Karl Bokvist
  • Simon Jönsson
ABGSC Services Research ... (+2)
  • ABGSC Services Research
  • Karl Bokvist
ABGSC Services Research ... (+2)
  • ABGSC Services Research
  • Karl Bokvist
ABGSC Services Research ... (+2)
  • ABGSC Services Research
  • Karl Bokvist
ABGSC Capital Goods Research ... (+3)
  • ABGSC Capital Goods Research
  • Karl Bokvist
  • Simon Jönsson
ABGSC Services Research ... (+2)
  • ABGSC Services Research
  • Karl Bokvist
ABGSC Capital Goods Research ... (+2)
  • ABGSC Capital Goods Research
  • Karl Bokvist
ABGSC Services Research ... (+2)
  • ABGSC Services Research
  • Karl Bokvist
ABGSC Services Research ... (+2)
  • ABGSC Services Research
  • Karl Bokvist
Marcus Develius
  • Marcus Develius

Instalco (Buy, TP: SEK45.00) - Looking forward

Q1 earnings disappointed, but sales grew 0.3% YOY (ending 5% above consensus), including 0.2% organic, marking the first positive figure since autumn 2023. EBITA was SEK123m (12% below consensus), corresponding to a margin of 3.7%, while the adj. EBITA margin was 5.7%. Cash from operating activities was good, driven by a working capital release. We have cut our 2025e EBITA by 7% and 2026e by 4%, and lowered our target price to SEK45 (46), but reiterate our BUY.

ABGSC Services Research ... (+2)
  • ABGSC Services Research
  • Karl Bokvist
ABGSC Capital Goods Research ... (+2)
  • ABGSC Capital Goods Research
  • Karl Bokvist
ABGSC Capital Goods Research ... (+3)
  • ABGSC Capital Goods Research
  • Karl Bokvist
  • Simon Jönsson
ABGSC Services Research ... (+2)
  • ABGSC Services Research
  • Karl Bokvist
ABGSC Capital Goods Research ... (+2)
  • ABGSC Capital Goods Research
  • Karl Bokvist
Loading...
New interest

Save your current filters as a new Interest

Please enter a name for this interest

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

ResearchPool Subscriptions

Get the most out of your insights

Get in touch